Mahanadi Coalfields Limited (MCL) is a government-owned coal mining company which produces approximately 100 million tonnes a year of coal from mines in Orissa. MCL is a subsidiary of Coal India.
Proposed coal-fired power station
In July 2011 MCL sought expressions of interest in the establishment of a 1600 megawatt (MW) coal-fired pit-head power station "in the vicinity of the Basundhara - Garjanbahal coal mines" in Sundergarh District, Odisha. MCL states that it has "a long term production plan in Basundhara - Garjanbahal mines in Sundergarh District(Odisha) to produce about 13 MT non-coking coal in the terminal year of 11th Plan and about 34 MT in terminal year of 12th Plan. The Power requirement of MCL will be around 150 MW by the end of 13th plan."
MCL states that it is seeking a "Joint Venture (JV) partner to be selected through Tariff based International Competitive Bidding. A Special Purpose Vehicle (SPV) is being incorporated by MCL for the above purpose. MCL would have at least 26% equity stake in the JV. Coal for the Power Plant would be provided by MCL." MCL lists Power Finance Corporation as a consultant on the project. MCL states that the project would comprise two 800MW super-critical generating units. See Mahanadi Coalfields Basundhara - Garjanbahal Power Project.
Website: http://www.mcl.gov.in/ (Website only works with Internet Explorer)
Articles and resources
- Mahanadi Coalfields Limited,"Bioprofile of Projects", Mahanadi Coalfields Limited website, accessed January 2012.
- Mahanadi Coalfields Limited, "Formation of MCL", Mahanadi Coalfields Limited website, accessed January 2012.
- Mahanadi Coalfields Limited, "For Selection of a Joint Venture Partner for setting up a 2x800 MW Coal based Super Critical Thermal Power Plant for MCL in Sundergarh District, Odisha: Global Invitation for Expression of Interest (EOI), Mahanadi Coalfields Limited, July 2011.