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OTPCL plans 2000 MW power plant at Rengali

The Orissa Thermal Power Corporation Ltd. (OTPCL), a joint venture between the state owned Orissa Mining Corporation (OMC) and the Orissa Hydro Power Corporation (OHPC), has decided to set up a 2000 Mw thermal power plant at Rengali in Angul district. Estimated Rs 8000 crore is proposed to be invested in the project and it is likely to be commissioned by 2014.While OTPCL will have a 30 percent equity in this project and the remaining 70 percent will be mobilised as loans. This was decided at a high level meeting chaired by the state energy minister Surya Narayan Patro here today. OHPC and ...