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
On September 5, South cinema veteran Thalapathy Vijay's film GOAT was released in theaters. Since
Former Prime Minister Manmohan Singh's condition stable, ongoing investigation in AIIMS
The condition of former Prime Minister Manmohan Singh admitted to the All India Institute of Medi
External Affairs Minister Dr. S Jaishankar called on President Abdel Fattah el-Sisi during his vi
Taliban is trying to throw dust in the eyes of the world by promising to give women their rights.
Medical Counseling Committee (MCC) has added more seats in the NEET PG Stray Vacancy round and th
Tibetan guru Dalai Lama is known for his simplicity, he preaches non-violence all over the world.
India on Tuesday said that it is concerned about the status of the Zaporizhzhya Nuclear Power Pla
Beef ban in Maharashtra raised in Rajya Sabha
New Delhi, March 11 (IANS) The issue of banning beef in Maharashtra was raised in the Rajya Sab
Mumbai, Feb. Feb 28 (IANS) Unseasonal showers and drizzle in large parts of Mumbai, Thane, Raig
Sad news has come from the South film industry. Well-known stunt artist SM Raju died during the s
