Coal India forays into power generation

NAGPUR: Public sector giant Coal India Ltd will soon make foray into thermal power generation with its first plant to be set up by subsidiary Mahanadi Coalfields Ltd in Sundargarh district of Odisha, MCL’s chairman-cum-managing director-designate Anil Kumar Jha said here on Tuesday.

Besides its plans to set up the 1,600MW (2×800) power plant, MCL is gearing up to meet a target of producing 150 million tonnes of coal production during the current fiscal, according to Jha. Currently working as director (production) with Manganese Ore India Ltd (MOIL) he will be relinquishing the post to join as CMD of MCL at its Sambalpur headquarters on November 1.

CIL has set for itself a target of 550MT during 2015-16 up from last year’s 494.MT. Mahanadi is to ramp up its production from current 121 MT to 150 MT making up for more than 25% of the CIL production. At the same time most of the 28 washeries that CIL is setting up will come under MCL area for providing better quality coal with lesser ash content.

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