Bansagar Thermal Power Corp (of MP Power Trading Co) is planning to set up 2x800 MW coal based thermal power project in Tikuratola in Shahdol district of Madhya Pradesh. The company has invited tenders in August 2011 for appointing consultant to carry out the project. In April 2011, the state cabinet had in July decided to reserve Morega-1 coal block and funds at the rate of 14 per cent for acquiring land for the project. Water requirement is likely to be met from Bansagar dam.
Land acquisition is in progress and the project is expediting work to get environmental clearance.