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Showing posts with label OTPCL. Show all posts
Showing posts with label OTPCL. Show all posts

December 19, 2013

Tendering process for OTPCL project to begin by July 2014...

 

Tendering process for OTPCL project to begin by July 2014...

The state government will begin the tendering process for the 2400 Mw coal-based super thermal power plant proposed by Odisha Thermal Power Corporation Ltd (OTPCL), a 50:50 joint venture between Odisha Mining Corporation (OMC) and Odisha Hydro Power Corporation (OHPC) by July 2014.

The power plant is coming up at Kamakhyanagar in Dhenkanal district at an investment of about Rs 17000 crore.

The project needs 1969.78 acres of land in all which includes 987.77 acres of government land, 83.94 acres of forest land and 982.015 acres of private land. Land acquisition for the project is nearing completion and the power plant is scheduled for commissioning by 2018-19.

The state government has already administrative approval for acquisition of 982.015 acres of private land at the project site.

The private land is to be acquired in 10 project affected villages- Aluajharana (19.68 acres), Annapurnapur (447.30 acres), Bijadiha (20.81 ares), Bhagirathapur Sasana (15.2 acres), Dhobabaheli (5.89 acres), Kateni (84.24 acres), Kantapala (45.55 acres), Kusumajodi (244.04 acres), Mahulapala (24.98 acres) and Anlabereni (74.32 acres). OTPCL has got the water allocation from the water resources department.

Entire power generated from the proposed power plant will be procured by Gridco, the state owned bulk power purchaser.

It has been decided that OTPCL will form its own project management team with skeletal manpower consisting of personnel having project implementation experience in large coal-based power plants.

Recently, the Ministry of Coal had awarded the Tentuloi block to OTPCL with a reserve of 1234 million tonne.

Source: Business Standard

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August 7, 2013

NTPC, L&T kin on picking up stake in OTPCL's 2,400 MW Power Project...

 

OTPCL stake sell, NPTC, L&T

It seems that National Thermal Power Corporation Limited (NTPC) as well as Larsen & Toubro (L&T) are interested in picking up stake in the 2,400 MW Power Plant proposed by the Odisha Thermal Power Corporation Limited (OTPCL).

OTPCL, which is a Joint Venture between Odisha Mining Corporation (OMC) and Odisha Hydro Power Corporation (OHPC), is developing a 2,400 MW Thermal Power Project at Kamakhyanagar in Dhenkanal District.

The project is being developed on 1969.78 acres of land out of which  987.77 acres is government land, 83.94 acres is forest and 982.015 acres is private land.

The private land is to be acquired in 10 project affected villages Aluajharana (19.68 acres), Annapurnapur (447.30 acres), Bijadiha (20.81 ares), Bhagirathapur Sasana (15.2 acres), Dhobabaheli (5.89 acres), Kateni (84.24 acres), Kantapala (45.55 acres), Kusumajodi (244.04 acres), Mahulapala (24.98 acres) and Anlabereni (74.32 acres).

The company has got the water allocation from the department of water resources. Recently, the inter-ministerial committee (IMC) on coal had recommended the Tentuloi coal block with 1234 million tonne reserves in favour of the state PSU.

Entire power generated from the proposed power plant will be procured by Gridco, the state owned bulk power purchaser, as per the tariff determined through the bidding process.

The estimated investment outlay for the project is around Rs. 10,000 Crores.

As said by the OTPCL Officials, the company is considering to offload up to 49 per cent stake in the project for which both NTPC and L&T are kin to pick up.



More literature on this...

http://www.business-standard.com/article/companies/ntpc-l-t-eye-stake-in-otpcl-project-113080601152_1.html


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