亚博体育官网首页

GMR-owned barge-mounted power plant shipped to Turkey
OIL & GAS

GMR-owned barge-mounted power plant shipped to Turkey

The GMR Energy Limited (GEL) owned 220 MW barge-mounted power plant located at Kakinada in Andhra Pradesh is being shipped to Turkey through the Kakinada deep seaport.

The company has not shared the details of the buyer who will commission the Rs 600 crore power plant in Turkey. The power plant will be leaving the coast by the end of April. GMR Group reportedly witnessed huge losses on the power plant during the three years of its operation.

The gas-based power plant was brought to the Kakinada coast in April 2010 from the Mangalore coast, where it was first commissioned in November 2001.

Owned by GEL, the plant which was developed by US-based GE technology, had to be shut down in 2013 due to lack of availability of Liquefied Natural Gas (LNG) that was supposedly procured from the D-6 block in the Krishna-Godavari (KG) basin.

The 220 MW environmental friendly gas-based power plant located in Kakinada, Andhra Pradesh, is India's first and the world's largest combined-cycle power plant on a single barge. Built on US technology for aero-derivative gas turbines from General Electric, the plant first became operational in November 2001 and redeployed at Kakinada in April 2010. In 2013, the plant was shut down as GMR incurred heavy losses during the three years of its operations.


The GMR Energy Limited (GEL) owned 220 MW barge-mounted power plant located at Kakinada in Andhra Pradesh is being shipped to Turkey through the Kakinada deep seaport. The company has not shared the details of the buyer who will commission the Rs 600 crore power plant in Turkey. The power plant will be leaving the coast by the end of April. GMR Group reportedly witnessed huge losses on the power plant during the three years of its operation. The gas-based power plant was brought to the Kakinada coast in April 2010 from the Mangalore coast, where it was first commissioned in November 2001. Owned by GEL, the plant which was developed by US-based GE technology, had to be shut down in 2013 due to lack of availability of Liquefied Natural Gas (LNG) that was supposedly procured from the D-6 block in the Krishna-Godavari (KG) basin. The 220 MW environmental friendly gas-based power plant located in Kakinada, Andhra Pradesh, is India's first and the world's largest combined-cycle power plant on a single barge. Built on US technology for aero-derivative gas turbines from General Electric, the plant first became operational in November 2001 and redeployed at Kakinada in April 2010. In 2013, the plant was shut down as GMR incurred heavy losses during the three years of its operations. Image Source

Next Story
Infrastructure Urban

Reliance, Diehl Advance Pact for Precision-Guided Munitions

Diehl Defence CEO Helmut Rauch and Reliance Group鈥檚 Founder Chairman Anil D. Ambani have held discussions to advance their ongoing strategic partnership focused on Guided and Terminally Guided Munitions (TGM), under a cooperation agreement originally signed in 2019.This collaboration underscores Diehl Defence鈥檚 long-term commitment to the Indian market and its support for the Indian Government鈥檚 Make in India initiative. The partnership鈥檚 current emphasis is on the urgent supply of the Vulcano 155mm Precision Guided Munition system to the Indian Armed Forces.Simultaneously, the 鈥淰ulc..

Next Story
Infrastructure Urban

Modis Navnirman to Migrate to Main Board, Merge Subsidiary

Modis Navnirman Limited has announced that its Board of Directors has approved a key strategic initiative involving migration from the BSE SME platform to the Main Board of both BSE and NSE, alongside a merger with its wholly owned subsidiary, Shree Modis Navnirman Private Limited.The move to the main boards marks a major milestone in the company鈥檚 growth trajectory, reflecting its consistent financial performance, robust corporate governance, and long-term commitment to value creation. This transition will grant the company access to a broader investor base, improve market participation, en..

Next Story
Infrastructure Urban

Global Capital Flows Remain Subdued, EMEA Leads in Q1 2025

The Bharat InvITs Association鈥檚 industry update for Q1 2025 shows subdued global capital flows, with investment volumes remaining at the lower end of the five-year range despite a late 2024 recovery. According to data from Colliers and MSCI Real Capital Analytics, activity in North America declined slightly, while EMEA maintained steady levels and emerged as the top region for investment in standing assets.The EMEA region now hosts seven of the top ten cross-border capital destinations for standing assets, pushing the United States鈥� share of global activity below 15 per cent. Meanwhile, in..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement