Sahara India Power Corporation Ltd to invest Rs 8000 cr in its proposed 1320 mw power project at Titlagarh of Balangir district

July 26, 2010 at 6:09 pm Leave a comment

Folloiwng is a report from http://economictimes.indiatimes.com:

BHUBANESWAR: Sahara India Power Corporation Limited (SIPCL) will invest Rs 8000 crore on its proposed 1320 mw power project at Titlagarh in Bolangir district.

Speaking to reporters here, SIPCL chief executive officer Ashok K. Bharagava said the first unit of the project will be completed by 2014 and the second unit will be made operational a month later.

The proposed plant will be based on environmentally efficient supercritical technology and operate with effluents of less than 50% of the limits fixed by the union ministry of environment and forests.

“This proposed plant will be based on advanced technology of world with participation of Korea East-West Power Co Ltd, a company owned by the Government of Korea. The facility will operate with high pressure and high temperature thereby reducing coal consumption,” Mr Bharagava said.

He added that the chimney height of 275 meter will keep the environment clean.

The proposed plant requires 950 acres of land. The state-owned Industrial Infrastructure Corporation Limited (IIDCO) has been entrusted the task of land acquisition.

“What is heartening to note is that there will be no displacement in the area. There are no forest lands within the area earmarked site. The Orissa water resources department has sanctioned 50 cusecs water to be drawn from the Tel River,” the CEO said.

Mr D L Sapra, chief project coordinator, said the project would create direct employment opportunities for nearly 2000 people.

As per memorandum of understanding (MoU) signed with the state government, 90% of unskilled people, 60% skilled people, 30% supervisory managerial people will be filled up by project affected people, the CEO Mr Bhargava said.

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Entry filed under: Balangir, Industries and Environmental Issues, Industries and mineral resources, Infrastructure, Kalahandi Balangir Koraput (KBK) region, Region watch, State and Central govt. and KBK, Thermal power plant.

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