Orissa clears Rs 48,500 crore investment proposal
Economic Times, Jan 27, 2010
BHUBANESHWAR: The Orissa government on Wednesday cleared investment proposals worth Rs 48,500 crore. All these projects will create employment opportunity for nearly six thousand people
The investment proposal includes setting up of five new thermal power projects and expansion of two existing power plants.
The projects were cleared by the 12th meeting of the state high-power committee presided over by Chief Minister Naveen Patnaik.
The new power projects cleared by the committee include 3200 MW plant National Thermal Power Corporation (NTPC) at Dharanipali in Sundergarh district (Rs 18,000 crore), 2000 MW plant by Orissa Power Transmission Corporation Limited (OPTCL) at Rengali (Rs 8,250 crore), 1320 MW plant by BGR at Bhapur in Nayagarh district (Rs 6,300 crore), 1980 MW plant by JR Power Gen Private Limited at Bainda in Angul district (Rs 8,000 crore) and 1320 MW plant by Adhunik Power Company Limited at Birmaharjpur in Sonepur district (Rs 8000 crore)
The existing projects which were given permission to go for expansion are Chambal Infrastructure Limited (from 1200 MW to 1320 MW and GMR Limited (1050 MW to 1400 MW).
Chambal Infrastructure Limited – which has its plants at Siria in Dhenkanal district will invest Rs 5000 crore while GMR Limited will put in Rs 6000 crore at its Kamalanga plant in the same district.
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