BGR, Kalinga Energy follow Tata Power, shelves thermal projects in Odisha

Back out due to poor fuel linkage; state to lose Rs 10,000 cr investments, 2,320 Mw power capacity

Thermal power projects are gradually losing traction in Odisha with a clutch of developers deciding to shelve their planned projects. After Tata Power, BGR Energy Systems Ltd and Kalinga Energy and Power have communicated their intent to scrap their proposed coal-fired projects in the state.

Chennai-based BGR Energy Systems had proposed to set up 1,320 Mw coal-based power station at Bhapur in Odisha's Nayagarh district, committing an investment of Rs 6,287.93 crore. Kalinga Energy & Power Ltd, an Odisha-based developer, had sought to develop 1,000 Mw power project at a cost of Rs 4261.27 crore. It signed a memorandum