India's NLC Plans to Invest Rs 350 Billion to Build a 3,200 MW Thermal Power Plant

en.Wedoany.com Reported - On October 22, India's state-owned energy company NLC India and the Odisha Industrial Infrastructure Development Corporation signed a memorandum of understanding in Mumbai to develop a 3,200 MW ultra-supercritical coal-fired power station in Odisha, with an estimated investment of Rs 350 billion. The project plans to build four 800 MW coal-fired generating units and is expected to create about 4,000 jobs. The two parties will advance the subsequent development of the project under the cooperation arrangement.

The project adopts ultra-supercritical coal-fired power generation technology, with all four units planned at a single-unit capacity of 800 MW. The memorandum of understanding was signed by I.S. Jasper Rose, Executive Director of Mining and Land at NLC India, and Aboli Sunil Naravane, Managing Director of the Odisha Industrial Infrastructure Development Corporation, with Odisha Chief Minister Mohan Charan Majhi and Prasanna Kumar Acharya, Chairman and Managing Director of NLC India, attending the signing ceremony.

Other memoranda of understanding signed on the same day also covered a beach sand mineral processing facility and a coal gasification project. Among them, the mineral processing facility is planned with an investment of Rs 20 billion and is expected to provide about 500 jobs; the coal gasification cooperation mainly focuses on technical feasibility studies of syngas production and its application in fertilizer manufacturing.