Rs 13,200 Crore Project Targets Koradi Power Station
A Rs 13,200 crore project at Koradi power station in Maharashtra has been reported, with its stated aim being to make the facility the cleanest thermal power station, according to a report published by The Times of India on 24 October 2026. No further details on the promoter, scope of work, or timeline were available from the source headline at the time of publication.
| Detail | Information |
|---|---|
| Project | Koradi Power Station upgrade |
| Location | Koradi, Maharashtra |
| Reported Value | Rs 13,200 crore |
| Sub-sector | Thermal Based Power |
| Reported by | The Times of India, 24 October 2026 |
Maharashtra in a Busy Thermal Power Pipeline
Maharashtra is an active state for thermal power capital expenditure. Projects India tracks 96 thermal based power projects in Maharashtra, placing it among the top six states by project count in this sub-sector nationally. The Koradi project, if it advances through approvals and into construction, would add to a significant pipeline of activity in the state.
A comparable Maharashtra project already in the pipeline is the Coal Based Thermal Power Project at Warora, being developed by GMR Warora Energy Limited at a value of Rs 11,331 crore, which has reached the Construction Started stage. The Koradi project's reported value of Rs 13,200 crore positions it as a substantial commitment in the state's thermal energy landscape.
Where India's Thermal Power Projects Are Concentrated
Across India, Projects India tracks 1,249 thermal based power projects, with eight added in the last 90 days. The geographic concentration of tracked projects highlights where supplier and contractor activity is likely to be most intense. Odisha leads with 132 projects, followed by Chhattisgarh with 131, Madhya Pradesh with 100, Andhra Pradesh with 97, Maharashtra with 96, and Tamil Nadu with 95.
This distribution underscores that while individual high-value projects such as the one at Koradi draw attention, the volume of activity across central and eastern India — particularly Odisha and Chhattisgarh — represents a sustained and geographically broad opportunity for the supply chain.
Stage Breakdown: Most Projects Yet to Enter Construction
Of the 1,249 thermal based power projects tracked by Projects India, the largest cohort — 502 projects — remains at the Under Approvals stage. A further 95 are at Planning stage, meaning a substantial portion of the pipeline is not yet open for procurement or construction contracts. By contrast, 142 projects have reached Construction Started, and 193 are recorded as Completed.
The stage breakdown matters for suppliers and contractors timing their business development efforts. Projects at the Approvals Received stage — such as the Thermal Power Project at Chandrapura, Jharkhand by Damodar Valley Corporation, and the Obra-C project in Uttar Pradesh by UTTAR PRADESH Rajya Vidyut Utpadan Nigam Limited at Rs 8,777.71 crore — are closer to procurement activity than those still under approvals. Recent projects to have reached Construction Started include JSW Energy Limited's Rs 16,000 crore plant at Salboni in West Bengal and Damodar Valley Corporation's Rs 11,000 crore project at Raghunathpur, also in West Bengal.
For a broader view of the sector, the Power Projects sector overview on Projects India covers activity across all power sub-sectors.
What this means for suppliers and contractors
A project of Rs 13,200 crore at Koradi, once it progresses beyond the headline stage, would represent a significant procurement opportunity for equipment suppliers, civil contractors, and environmental technology providers operating in the thermal power space. Maharashtra's existing pipeline of 96 tracked projects means established supply-chain relationships in the state are already relevant.
More broadly, the stage data shows that the near-term construction pipeline — 142 projects currently at Construction Started — is active, but the longer-term opportunity is larger. Over 500 projects are still working through approvals, and as these advance, procurement activity will expand. Suppliers monitoring projects in Odisha, Chhattisgarh, and Madhya Pradesh — the three leading states by project count — are tracking the densest concentration of future opportunity.
Contractors who have recently secured thermal power work, such as those involved in operations and maintenance contracts in the sector, reflect continued private and public investment in keeping existing capacity competitive. Related developments, including Power Mech Projects' Rs 5.49 billion Adani O&M contract and the initial nod for the 1,600 MW Chandrapura thermal project in Jharkhand, illustrate the breadth of activity across the sub-sector.
Frequently asked questions
What is the Koradi power station project?
A Rs 13,200 crore project at Koradi power station in Maharashtra was reported by The Times of India on 24 October 2026. The stated aim is to make Koradi the cleanest thermal power station. Further details on promoter or scope were not available from the published headline.
How many thermal power projects are active in Maharashtra?
Projects India tracks 96 thermal based power projects in Maharashtra, making it one of the top six states by project count in this sub-sector. Nationally, Projects India tracks 1,249 thermal based power projects in total, with eight added in the last 90 days.
Which states have the most thermal power projects in India?
Based on Projects India data, Odisha leads with 132 tracked thermal based power projects, followed by Chhattisgarh with 131, Madhya Pradesh with 100, Andhra Pradesh with 97, Maharashtra with 96, and Tamil Nadu with 95.
