The Independent Power Producers (IPPs), who have entered into Memorandum of Understanding (MoU) with the Orissa government, have already invested Rs 12375.09 crore on their projects in the state.
Among the IPPs who have made significant investments are Sterlite Energy (Rs 7400 crore) Ind Barath Energy (Utkal) (Rs 1200 crore), GMR Kamalanga Energy (Rs 1145.83 crore), Jindal India Thermal Power (Rs 641.58 crore), Lanco Babandh Power (Rs 873.12 crore) and Monnet Power Company (Rs 570 crore).
This is as per the information provided by minister for energy Atanu Sabyasachi Nayak in a written reply in the state assembly.
Sterlite Energy has already commissioned the first unit (600 MW) of its 2400 (4x600 MW) power plant at Burkhamunda near Jharsuguda. Out of the total land requirement of 2400 acres, the company has already taken possession of 705 acres of land. It has been allotted 73 cusecs of water from Brahmani river and also allocated the Rampia Dip side coal block, having a reserve of 112.22 million tonnes.
Ind Barath Energy (Utkal), which is setting up a 700 MW power plant at Sahajbahal near Jharsuguda, has taken possession of 545 acres out of a total land requirement of 725 acres. It has been allotted 28 cusecs of water from Mahanadi river. The power plant is likely to be commissioned by November 2011.
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GMR Kamalanga Energy has taken possession of 999.795 acres out of total land requirement of 113.17 acres for its 1050 MW power plant proposed to be set up at Kamalanga in Dhenkanal district. The company has been allocated the Rampia Dip side coal block and also permitted to draw 30 cusecs of water from the Brahmani river. The power plant is scheduled for commissioning by February 2012.Jindal India Thermal Power has already acquired 1063 acres of its total land requirement of 1100 acres for its power plant proposed to be set up at Deranga in Angul district.
The company has got the coal linkage (Mandakini coal block) and its power plant is expected to be commissioned by December 2012.
It may be noted that 27 IPPs have signed MoUs with the state government in the past four years.