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MCL plans for 1600 MW power plant in Sundergarh

Kolkata:29/5/18: Coal India subsidiary Mahanadi Coalfields Ltd (MCL) is planning to form a joint venture with state-run NTPC Ltd to run the proposed 1,600 megawatt pithead power plant in Odisha’s Sundergarh district, an official said on Monday.

MCL has proposed to form a partnership with NTPC to run the plant, and is open to offer up to 49 per cent stake in the Rs 13,000-crore thermal power plant, the official added.

All formalities have been completed and forest clearance is in the advanced stage. Linkage was obtained. We have tied up with NTPC to run the plant as a joint venture, newly-appointed Coal India Chairman A K Jha said at an interaction with the media on his first day in office.

If this materialises, the cost of the super critical power plant will be around Rs 13,000 crore, he added.

“We had initial discussions with NTPC and they have shown interest. I think we will have the majority stake because licenses were given in the name of MCL,” Jha said.

About Editor in chief

Ashok Palit has completed his graduation from Upendranath College Soro, Balasore and post graduation from Utkal University in Odia Language and literture.. He has also carved out a niche for himself as a scribe of eminence after joining the profession in 1988. He is also an independent media production professional. He brings loads of experience to Advanced Media, Ashok Palit as a cineaste has been active in film criticism for over three decades. As a film society activist, he soared to eminence for his profound commitment to the art film appreciation and aesthetics of cinema. His mode of discourse is often erudite but always lucid and comprehensible marked by a perfect acumen so rare in the field. A film aesthete with an immense fond of critical sensibilities, he wrote about growth and development of odia cinema in New Indian Express, The Times of India, The Hindustan Times, The Asian Age and Screen. He has been working as an Editor for Cine Samaya from 2002-2004.. He had made solid contribution on cinema in many odia Dailies and weekly such as Samaj, Prajatantra, Dharatri, Samaya, Satabadi, and weekly Samaya.
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