Coal India to make entry into power generation

• 9 years ago (2015-11-03)
• David Flin

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Coal India has announced that it will enter the power generation market with its first plant, to be set up by its subsidiary Mahanadi Coalfields. The power plant will be located in Sundargarh, Odisha, India.

Anil Kumar Jha, Chairman and Managing Director of Mahanadi Coalfields, said that the company planned to construct a 1600 MW power plant, consisting of two 800 MW units. In addition, the company plans to increase coal production from its current level of 121 million tonnes (MT) per year to 150 MT. At the same time, Coal India is setting up 28 new washeries in the Mahanadi Coalfields area to provide better quality coal with a lower ash content.