Mahanadi Coalfields Ltd is planning a 1600 MW (2x800) pithead power plant at Basundhara region in dist. Sundargarh with an investment of Rs.10,000 crore. Land for the project has been earmarked. Environment and forestry clearance is in progress. It has applied for coal linkage and is also planning to have a JV partner for the power project.
Extracted from BS, Feb 09,’16