Hindustan Thermal Projects Limited, the thermal arm of Hindustan Power, forayed into the thermal sector in 2008 to play an active role in strengthening the power infrastructure as well as the economic growth of the country. The thermal arm, through its Special Purpose Vehicle ("SPV"), MB Power (Madhya Pradesh) Limited, developed in 2 phases 1200 MW( 2 X 600) coal-based generating capacity unit 1 in 2015 and unit 2 in 2016 at District Anuppur, Madhya Pradesh.
The SPV currently supplies about 70% of the power generated to the distribution utilities of Madhya Pradesh & Uttar Pradesh under long-term, and balance power is being sold through bilateral arrangements, under medium-term /short-term PPA and power exchanges.