Mahanadi Coalfields Limited (MCL) plans to invest an estimated 64,900 INR-Crore in thermal power, renewable energy, and coal-to-chemical projects as part of its diversification strategy. In these projects, the largest total investment is worth 40,000 INR-Crore for setting up a 4,000 MW thermal power plant. Coal India and the Energy Department of Odisha are the development partners in this project.
MCL has lined up 3 projects in the renewable energy segment. These include a 2,000 MW ground-mounted and floating solar power plant, worth 12,000 INR-Crore, and a 500 MW pumped storage power plant at 5,000 INR-Crore. Furthermore, a 100 MW power plant is expected to be developed at 900 INR-Crore.
Also read: BMC floats tender for hybrid energy project at Middle Vaitarna dam
With an estimated investment of 11,782.05 INR-Crore, MCL also wants to establish a high ash coal to ammonium nitrate plant with an annual capacity of 6,00,000 Metric Tonnes. The development of this plant will be undertaken in partnership with BCGCL and the Industries Department of Odisha. A net-zero carbon emission of 182 MW will be achieved by FY2029 through these projects.
Biltrax Construction Data is tracking 35,000+ projects on their technology platform for their clients.
Get exclusive access to upcoming projects in India with actionable insights. Furthermore, gain a competitive advantage for your products in the Indian Construction Market.
Visit www.biltrax.com or email us at contact@biltrax.com to become a subscriber and generate leads.
Disclaimer: The information herein is based upon information obtained in good faith from sources believed to be reliable. All such information and opinions can be subject to change. Furthermore, the image featured in this article is for representation purposes only. It does not in any way represent the project. If you wish to remove or edit the article, please email editor@biltrax.com.
0Discover more from Biltrax Media, A Biltrax Group venture
Subscribe to get the latest posts sent to your email.
