Prime Minister Narendra Modi on Saturday will probably be laying the inspiration stone for the primary part of the three, 200 MW pit head inexperienced area thermal energy mission in Odisha being constructed by the built-in lignite/coal mining and energy technology firm NLC India Ltd, mentioned a high firm official.
He additionally mentioned the corporate plans a capital expenditure of about Rs 40, 000 crore subsequent fiscal and the lignite to methanol mission is anticipated to be operational in 2027-28 and would produce 1, 200 tonnes per day.
Speaking to reporters, Prasanna Kumar Motupalli, Chairman and Managing Director (CMD) mentioned the primary part will probably be 2, 400 MW (3×800 MW) for which PM Modi will probably be laying the inspiration stone. The second part – 800 MW- plant will come up later.
The energy mission will probably be at Jharsuguda District in Odisha primarily based on Ultra Super Critical Technology.
Motupalli mentioned the primary part will go on stream in 2028-29. According to Motupalli, the overall outlay for each the phases will probably be over Rs 35, 000 crore and for the primary part will probably be about Rs 27, 200 crore.
As regards the funding, he mentioned will probably be a mixture of debt, inner accruals and quantity raised from asset monetization.
NLC India will probably be elevating about Rs 5, 000 crore by transferring about 1.4 GW of renewable energy capability to its renewable power subsidiary.
Queried concerning the extent of land for the Odisha mission and the way a lot has been acquired Motupalli mentioned, the overall want is about 1, 600 MW out of which about 600 acres has been acquired and over 300 acres is below firm’s possession.
The 3, 200 MW mission would be the single largest energy mission below the Minstry of Coal, he mentioned.
According to him, the facility generated from the primary part will probably be equipped to Tamil Nadu-1, 500 MW, Odisha-400 MW, Kerala-400 MW and Puducherry-100 MW.
As regards the facility provide from the second part, 400 MW will probably be for Odisha and stability will probably be determined by the Ministry of Coal. Be that as it might, NLC India has awarded over Rs 15, 000 crore engineering, procurement and building (EPC) contract to Bharat Heavy Electricals Ltd (BHEL) for two, 400 MW energy mission. The coal linkage obtainable from 20 MTPA Talabira II & III OCP mines of NLC India which is already operational from the yr 2020 in Jharsuguda and Sambalpur districts of Odisha.
The water required for the mission is linked from Hirakud Reservoir.
Boilers will probably be designed to suite the co-firing of bio mass as a part of ‘inexperienced’ initiative.
Being a pit head thermal energy mission, the variable value will probably be aggressive and NLC India will probably be producing and offering low-cost energy to its beneficiaries, the corporate mentioned.
Motupalli mentioned NLC India can even be including 2×660 MW capability in Neyveli in Tamil Nadu.