Team News Riveting
Raipur, June 22
South Eastern Coalfields Limited (SECL), an arm of the state-run Coal India Limited (CIL), has taken a big leap forward to venture into power production.
The company inked a Memorandum of Understanding (MoU) with Madhya Pradesh Power Generation Company Limited (MPPGCL) for setting up a 660-MW unit. The project will be expedited by setting up a Joint venture between SECL and the MPPGCL.
The project would come up in Amarkantak Thermal Power Station in Chachai of Anuppur district. The coal-based plant of state-run MPPGCL has an installed capacity of 460-MW.
The MoU was signed by Bhanjit Singh, Managing Director of MPPGCL and Arupdutt Chaudhary, General Manager, SECL. Director Commercial of MPPGCL Pratish Kumar Dubey, Executive Director Project Production BL Naval, Chief Manager of SECL Ajay Kumar Sen along with officers of SECL and engineers of power company were also present.
The plant will be built with modern supercritical state-of-the-art technology. Air-cooled condenser technology will be used in the power unit, which will save water for power generation.
The project will entail an investment of Rs 4665 crore.
Under the ambitious diversification plan, many initiatives are being taken by the world’s largest coal producing company CIL for the establishment of power plants including innovation, solar plants, and clean energy.