On one minute then POP loud noise, burning smell
Loud popping and loss of power is common on plasma TVs and is usually either the Y sustain or Z sustain boards or buffers; in these instances the damaged part will be quite evident.
If this is an LCD you might have degraded insulation on one of the pink/blue backlight power leads causing high voltage to 'arc' to the chassis.
The loud bang and smell is actually to your advantage as in these circumstances the damaged part is usually evident. It'll just be a matter of popping the back off and sleuthing around. :)
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