GMR-owned barge-mounted power plant shipped to Turkey

30 Mar 2021 CW Team

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

Real Estate

05 Sep 2025

Vitizen Hotels Signs Deal at Manyata Tech Park

Vikram Kamats Hospitality, as part of its ongoing expansion in key metropolitan markets, announced that its material subsidiary, Vitizen Hotels, has signed a long-term lease agreement for a 45-key hotel property at Manyata Tech Park, Bengaluru.Strategically located in the city’s prominent IT hub, the property is well-positioned to serve corporate travelers, business professionals, and long-stay guests. The addition aligns with the company’s asset-light growth model, leveraging long-term leases to expand its footprint in high-demand urban markets.The hotel is expected to strengthen the comp..

CONCOR Signs MoU with BPIPL to Operate Container Terminal at Bhavnagar Port

Container Corporation of India (CONCOR) has signed a Memorandum of Understanding (MoU) with Bhavnagar Port Infrastructure (BPIPL) on September 4, 2025, in New Delhi to operate and maintain the upcoming container terminal at the northside of Bhavnagar Port, Gujarat.BPIPL had earlier entered into an agreement with the Gujarat Maritime Board (GMB) in September 2024 for the port’s development. Under this arrangement, 235 hectares of land has been leased to BPIPL for 30 years, with provision for expansion by an additional 250 hectares.The new terminal is expected to significantly enhance logistic..

Concord Launches India’s First Indigenous Zero-Emission Rail Propulsion

Concord Control Systems (CCSL), a leader in embedded electronics and critical rail technologies, has announced the development of India’s first fully indigenous zero-emission propulsion system, marking a significant step toward the country’s railway electrification and net-zero goals for 2030.Powered by Lithium Iron Phosphate (LFP) batteries and featuring a DC chopper-based drive, the propulsion system eliminates idling losses common in diesel engines, offering higher efficiency, lower costs, and zero emissions.What sets this innovation apart is its completely indigenous design. Except for..