After a decade of slump, investment in coal power may rebound, courtesy MP

Investment in coal-based power could rebound after over a decade, with two mega-size projects. Madhya Pradesh (MP) has issued two tenders for setting up thermal power capacity of 1,320 megawatts (Mw) each. The estimated expenditure on each project is Rs 11,220 crore. The two projects would come up in Anuppur and the Lok Sabha constituency of Chief Minister Kamal Nath, Chhindwara.

Sector experts said the project cost would be around Rs 8 crore per unit resulting in tariff of Rs 5.5-6 per unit. “The fixed cost would be Rs 3.5-4 per unit while the variable cost would depend on coal