Orissa inks MoUs with five IPPs

The Orissa Government on 9 April 2010 signed MoUs with five Independent Power Producers (IPPs) to set up thermal power projects in the state.

The projects with a combined capacity of 4,800 MW are likely to be set up at a total investment of Rs 23,201.69 crore. The total land requirement for these projects has been assessed at 4,360 acre. The state government is likely to procure 600 MW from these projects.

The five IPPs who have signed the MoUs included BGR Energy System, JR Power Gen, Adhunik Power & Natural Resources, Maa Durga Thermal Power Company and Vijaya Ferro and Power.

JR Powergen plans to set up a 1,980 MW thermal power plant at Kishorenagar in Angul district at an investment of Rs 7,988 crore. BGR Energy Systems is likely to set up a 1,320 MW power plant at Bhapur in Nayagarh district at an investment of Rs 6,287 crore.

Likewise, Adhunik Power and Natural Resources is planning to set up a 1,320 MW power plant at Birmaharajpur in Subarnapur district at an estimated cost of Rs 8,079.74 crore. Maa Durga Thermal Power intends to set up a 60 MW (2x30MW) power plant at Tangi in Khordha district, involving an investment of Rs 296.95 crore. Vijaya Ferro and Power will set up a 120 MW power plant at an investment of Rs 550 crore at Kesinga (Turla Khamar) in Kalahandi district.

While BGR Energy, JR Power Gen and Adhunik Power are likely to source water from the Mahanadi river system, Maa Durga Thermal Power will draw water from Birupa river and Vijaya Ferro from Tel river.

Source: Orissa inks MoUs with five IPPs