Mutiara Thermal Power Plant (MTPP) is a 1200 MW(2×600 MW) coal based thermal plant located in the Tuticorin District of Tamil Nadu. It is mega project of Coastal Energen Private Limited – a flagship power generation company of The Coal and Oil Group. An investment of US$1.3 Billion, it is one among one of the largest independent power producer in South India and among the first mega projects that has been commissioned out of the 30 which received facilitation letters from the Government of Tamilnadu over the past 15 years.
MTPP now supplies power to Tamilnadu Generation and Distribution Corporation (TANGEDCO) under a 15-years Power Purchase Agreement (PPA) that was signed on 19 December 2014, besides plans to sell in the states of Telangana, Andhra, Karnataka, Kerala, etc.,.
Unit 1 of 600 MW started operations and successfully commenced supply of power to TANGEDCO from 23 December 2014 onwards. Unit 2 of 600 MW went live on 16th Jan 2016.
At 275 meters, MTPP tops not only the Imperial Tower I of Mumbai, but also world famous structures such as The Leaning Tower of Pisa, Qutub Minar in Delhi and the Big Ben Clock Tower in London. With the potential to expand up to 4,000 MW, it will be able to supply power to people of Tamilnadu and beyond.