The New Delhi based Jindal India Thermal Power Ltd (JITPL) has started the construction work of its Rs 5961crore 1200 Mw thermal power plant at Derang, near Angul in Orissa.
This follows the completion of the acquisition of land required for the project by the company. It required 1100 acres for the project.
The company has already signed the lease deed for 240 acres of government and 793 acres of private land with the state owned Industrial Infrastructure Development Corporation of Orissa (Idco).
While the pre-construction activities like construction of the boundary wall, ground leveling, soil testing have started, the core construction activities are likely to start soon, sources said.
The company has placed order for Boiler-Turbine-Generator (BTG) package with the Bharat Heavy Electricals Ltd (BHEL) for both the units. The Orissa government recently reviewed the progress of the project and the progress was found satisfactory.
JITPL, which signed a memorandum of understanding (MoU) with the Orissa government on 26 September 2006, hopes to commission the first unit of 600Mw by September 2011. TCE Consulting has been appointed as the Owner’s Consultant.
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Sources said, the company has achieved financial closure for the first unit and the project is on schedule. While the company will require 5.76 million tonne coal per annum for the entire project, it has been allocated block in Mandakini coal block along with companies like Tata Power and Monnet Power.
The environment clearance for the project has been obtained from the Union ministry of environment and forest (MoEF) and a commitment has been received for supply of 40 cusec of water from the water resources department, sources added.