The Orissa government is going to sign memorandum of understanding (MoU) with 7 power companies on Saturday.
These companies are Sahara India Power Corporation (1320 Mw), Ind-Barath Energy Utkal Limited (700 Mw), Jindal Steel and Power Ltd. (1320 Mw),Visaka Thermal Power Pvt. Ltd., (1100 Mw ) Kalinga Energy (1000 Mw), Arati Steel (500 Mw) and Chambal Infrastructures and Ventures Ltd. (1200 Mw).One or two more companies may also be included in the list, sources said.
Sahara India Power Corporation Ltd. has proposed to set up of 1320 Mw thermal power plant at village Turla in Bolangir district at an investment of Rs 5604 crore.
Similarly, Ind-Barath Energy Utkal Limited (IBEUL) plans to set up 700 MW (2x350) thermal power plant at Sahajbahal near Banaharpali in Jharsuguda district at an investment of Rs 3,150 crore.
Visaka Thermal Power Pvt. Ltd. will set up a 1100 Mw coal based power plant at Bhandaripokhari or Banto block in Bhadrakh district at an investment of Rs 4800 crore.The company will require 1200 acres of land for the project will source 36 cusecs of water from Baitarani.
Jindal Steel and Power Ltd (JSPL) proposes to set up a 1320 Mw thermal power plant at Athamallik tehsil in Angul district with an investment of Rs 5940 crore. This project will require 49 cusecs of water and 1625 acres of land for the project.
Though the High Level Clearance Authority (HLCA) has approved the 1680 Mw thermal power project proposed by L &T Ltd. with an investment of Rs 10,200 crore near Dhamra in Bhadrakh district, there were some issues to be resolved. So no decision has been taken about signing the MoU with the company.
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Besides, the Kalinga Energy plans to set up a 1000 Mw thermal power project at an investment of Rs 4261 crore at Babuchakuli. While Arati Steel proposes to se up a 500 Mw thermal power plant at Ghantikhal in Cuttack district, Chambal Infrastructures and Ventures Ltd plans to set up 1200 Mw power plant at Siaria in Dhenkanal district.
Earlier, the Orissa government had signed MoUs with 13 Independent Power Producers (IPPs) in 2006 envisaging an aggregate generation capacity of more than 16,000 Mw.