Essar Bhander Power Plant

Bhander Power Plant is a natural gas-based thermal power plant located near Hazira in Surat district in the Indian state of Gujarat. The power plant was commissioned in 2006 by EPC Construction India Limited (Formerly known as Essar Projects India Limited) and commenced commercial operations in 2008 by the Essar Energy.

On 3 March 2020, ArcelorMittal Nippon Steel India Private Limited has acquired this power plant from Edelweiss Asset Reconstruction Company under Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002[1][2]

  1. ^ "ArcelorMittal Nippon Steel completes acquisition of Bhander power plant in Hazira". 3 March 2020.
  2. ^ https://www.amns.in/media/1105/power-plant-acquisition_march-3-2020_final.pdf [bare URL PDF]