The State Level Single Window Clearance Authority (SLSWCA) headed by Orissa chief secretary Ajit Kumar Tripathy today approved 2 thermal power projects with combined investment of Rs 16,140 crore.

This includes 1680 Mw thermal power project proposed by L &T with an investment of Rs 10,200 crore near Dhamra in Bhadrakh district and 1000Mw thermal power plant proposed by Jindal Steel and Power Ltd (JSPL) at Bainda in the Dhenkanal district with an investment of Rs 5940 crore.

The two proposals which were rejected are Surya Chakra Power Company proposing to set up a thermal power plant at Balasore and Adhunik power proposing a thermal power plant at Banto in Bhadrakh district.

Talking to the media after the meeting, A K Meena, managing director, Industrial Promotion and Investment Corporation Ltd.(Ipicol) said, due to the non availability of water in different locations some proposals have either been rejected or deferred.

He said, SLSWCA approved the proposal of the L&T Ltd. subject to the condition that the company will use sea water for its plant. Besides, it will have to withdraw the case filed against Orissa government regarding the iron ore lease. It has been suggested that the company will be allowed to sign the memorandum of understanding (MoU) with the state government only after it meets the above two conditions. Similarly, SLSWCA recommended the proposal of the JSPL for setting up a thermal power plant subject to the participation of the company in the creation of water storage capacity in river Mahanadi. The proposals which were deferred are those of Tuff Energy, Tata Sponge Iron Ltd., JR Power Gen Ltd., Poysa Power Project Ltd., Jindal India Thermal Power (capacity expansion) and Lanco group (capacity expansion).

New Ipad Application :Business Standard's all new IPad App Click here to download for free Other Stories      - Weekly: Uptrend continues, broader markets outperform - Bad roads, power cuts main poll issues in Bareli, Amethi - Pantaloon Retail, Trent on a re-structuring drive - Dassault, RIL ink MoU for collaboration in defence sector - Unity Infra to raise Rs 175 cr, diluting stakes in two SPVs

Read Business news in  Advertisements -  Now property search gets more exciting than ever before! -  Office 365 for professionals and small businesses. -  Are You Serious About Your Future? Click here to know more -  Financial Learning now made easier and more convenient. -  Earn fuel worth Rs.2400 with Citi -  India's No. 1 Property Site. Click here to know more.. -  Get 5% cashback on telephone bills with Citi -  Exim Bank Conclave on India - Africa Project Partnership. Know more.. -  Be part of it The World's Largest Aircraft. -  Creating Wealth made simple the SIP way. Know more.. -  Only Developer to give a guarantee on time space & rate. -  Buy Your Property with Our Triple Guarantee in India. -  Improve Patient Care & Experience. Click here to know more -  Win a Business Class Ticket to Europe..Know more.. -   Introduce a New Automotive Luxury Car.. know more -  Health is Wealth..... Insurance + Savings... Know More...