Coal power projects on takeover radar in Odisha

Companies looking to augment power capacities are eyeing these assets

Some of the coal-fired power plants in Odisha which have commenced commercial operations or are at very advanced stages of commissioning are up for grabs. Companies looking to augment power capacities through the inorganic route are eyeing these assets in Odisha.

JSW Energy, part of the Sajjan Jindal-led JSW Group, is believed to be in the race for buying out the thermal power assets of Monnet Power and Jindal India Thermal Power Ltd (JITPL) in Odisha. Monnet Power’s 1,050 Mw coal-based power plant near Angul was in advanced stage of commissioning.  Monnet Power’s parent company, Monnet Ispat & Energy had