Industrial Energy Ltd ( a subsidiary of Tata Power ) is setting up 2 x 67.5 MW gas based project and 3x150 MW coal cum gas based thermal project in Kalinganagar adjacent to Tata Steel plant. The company has invited international bids in August 2011 to implement the project.
K U Projects Ltd (A 100% subsidiary of Ind Barath Power) is planning to set up a 1320 MW coal based thermal power project in Pitamohul in Sonepur district of Orissa. The project cost is estimated at Rs. 72,600 million. The company has signed an MoU with the state government in January 2011 for the project.
Mahanadi Coalfields Ltd is planning to set up a 1600 MW coal fired power plant in Sundergarh district of Maharashtra. The company plans to utilize the unsold coal reserves in its Basundhra mines. It is looking for a joint venture partner to develop the project. It has appointed PFC Consulting, to select a joint venture partner where Mahanadi Coalfields will have 26% stake. MCL will supply land for the project and coal at modified rates.
The company has floated a special purpose vehicle - Mahanadi Basin Power Ltd to implement the project.