Bhubaneswar, Jan 2 (IANS) The Odisha government is planning to float a separate coal mining company to participate in the e-auction of coal blocks. It hopes to get at least 12 coal blocks in the state, Energy Minister Pranab Prakash Das said Friday.
"There is a proposal to float a separate coal mining Public Sector Undertaking(PSU), a fully owned subsidiary of Odisha Mining Corporation(OMC). However, the final decision is yet to be taken," Prakash Das told IANS.
According to a state steel and mines department official, the company would bid for at least 12 coal blocks with a total reserve of 6,800 million tonnes located in the state. It will give a big boost to power generation in Odisha.
The new PSU may form joint ventures with various central government mining PSUs to develop the allocated coal blocks professionally.
The government is eyeing Manoharpur and Dipside Manoharpur, New Patrapada, Machhakata, Mahanadi, Baitarani East, Baitarani West, Naini, Chhendipada I, Chhendipada II, Rampia and Dipside Rampia coal blocks.
The coal blocks are necessary as the state government has lined up power projects to generate 14,220 megawatt (MW) in the state PSU sector and 37,220 MW by Independent Power Producers (IPPs), the official added.
During 1992 to 2010, the state was allocated 30 coal blocks for various state-owned PSUs and private companies. However, the Supreme Court de-allocated the blocks while de-allocating 204 coal blocks in the country.
-- Indo-Asian News Service
cd/sd/bg
Understand how the sign of Z like Swastika became a sign of Russian invasion.
Russia's attack on Ukraine continues. Russia has been trying to control Ukraine for the past 12 d
Bihar Election: Is the possibility hidden for Tejashwi Yadav even in defeat?
Tejashwi Yadav could not form a government in Bihar, it is obvious. But in many ways, Tejashwi ha
The Air India Group announced on Tuesday that it will operate a total of 24 scheduled and non-sch
Hearing in the matter of lapse in the security of Prime Minister Narendra Modi is going on in the
Jagran Correspondent, Jaipur. The leaders of Rajasthan will take charge of the assembly election
Present Odisha sarees to Michelle Obama, Modi urged
Bhubaneswar, Jan 25 (IANS) Senior Congress leader from Odisha, Niranjan Patnaik Sunday urged Pr
Pakistan government is fast snatching independence of the country's minorities, worsened conditions
The situation of religious freedom in Washington, Pakistan is deteriorating rapidly. The governme
NEET UG 2023: Odisha's self got 8th rank, 12-13 hours of hard work, and NCERT books gave success
The National Testing Agency (NTA) released the result of NEET UG on Tuesday. Prabanjan J from Tam
After "Tu Meri Main Tera Main Tera Tu Meri," Kartik Aaryan has begun preparing for his upcoming f
There has been chaos in Pakistan's Balochistan after the hijacking of 'Jafar Express' going from
