MCL revives Rs.9000 Crore Orissa Power Project

Mahanadi Coalfields Ltd (MCL) has revived a proposal to set up a 1,600 megawatts power plant in India’s Orissa at a cost of Rs.9000 crore.

The state-owned miner may approach its board for approval of the plan in the next few months, after getting a final nod from the coal ministry.

The project was originally announced by MCL, a subsidiary of Coal India, in 2011 to utilise excess stocks at its mines in Orissa’s Sundergarh district, as evacuating coal from the area was difficult.