Projects
Two Units of 600 MW each of Angul-I are under construction. The Company has already obtained all necessary approvals including for water, coal, environmental clearanceand has achieved financial closure. The Company has already placed orders for BTG with BHEL and for BOP with the best suppliers in the Country. The Company has already acquired land for the project.
Our projects are strategically located in proximity to the source of coal and water. For Angul I, the captive coal block is approx. 5 KM and, MCL mines are 35 KM from project site. The water for Angul I will be sourced from the upstream Samal Barrage on Brahmaniriver, which is approx. 14 km from project site.
The power generated from Angul I is proposed to be evacuated through a dedicated transmission line from our generating station to the proposed Angul pooling station being set up by PGCIL, which is about 56 km away from the project site.
One of the success factors in the thermal power generation business is securing low cost dedicated long-term coal supplies. We are strongly placed in this regard. We have tied up for the coal supply from a captive coal block Mandakini-A allocated along with two other partners and have set-up a JV company for mining operations. The captive mine has a total coal reserves of 322.80 MMT with a net reserves of 290.52 MMT and our share is 96.84 MMT. Our share in the captive mine is for the exclusive use of the Angul-I project. We have also secured a long-term coal linkage for 25 years from Mahanadi Coalfields Limited (MCL) to meet our coal requirement for Angul-I.
We have also applied to the Ministry of Coal, Government of India for a long-term coal linkage for the Raigarh Project. We are currently awaiting approval for the same. Under Impementation, Under Development, Under Planning.