Five Independent Power Producers (IPPs) are expected to commission their proposed power projects in Orissa by the end of 2012.
These IPPs include GMR Kamalanga Energy Ltd (1400 MW), Jindal India Thermal Power Ltd (JITPL)-1200 MW, Monnet Power Company Ltd (1050 MW) and Maa Durga Thermal Power (60 MW).
“These five IPPs are progressing well and these projects are set to be commissioned by the end of 2012. The state government has signed 30 MoUs (Memorandum of Understanding) with the IPPs, with a combined capacity of 38,000 MW out of which the state share will be 6774 MW. Out of the 30 IPPs, two IPPs namely, Sterlite Energy and Aarati Steel have commissioned 600 MW and 50 MW respectively and are supplying the entire power to the state grid”, state energy minister Atau Sabsyasachi Nayak said in the state assembly.
Monnet Ispat Power Company Limited is almost through with the land acquisition work for its 1000 MW power project proposed to be set up at the Malibrahmani-Nisha-Chendipada stretch in Angul district on 993.42 acres of land.
Similarly, Jindal India Thermal Power Plant (JITPL) has acquired 95 per cent of the land needed for its project and has also constructed the boundary wall which is 98 per cent complete. JITPL had proposed to set up a 1200 MW power plant at Derang near Talcher on 1055 acres of land. The company has been alloted the Mandakini coal block with a reserve of 96.84 million tonnes of coal.
GMR Kamalanga Energy Ltd has taken possession of 999.795 acres out of a total land requirement of 113.17 acres for its 1050 MW power projects proposed to be set up at Kamalanga in Dhenkanal district. The company has been allocated the Rampia Dip side coal block and also alloted 30 cusecs of water from the Brahmani river. The power plant is scheduled for commissioning by February 2012.
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The IPPs have already invested Rs 12375.09 crore on their proposed projects in the state.
Among the IPPs who have made significant investments are Sterlite Energy Ltd (Rs 7400 crore) Ind Barath Energy (Utkal) Ltd (Rs 1200 crore), GMR Kamalanga Energy Ltd (Rs 1145.83 crore), Jindal India Thermal Power Ltd (Rs 641.58 crore), Lanco Babandh Power Ltd (Rs 873.12 crore) and Monnet Power Company Ltd (Rs 570 crore).