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Russian firm keen on Thermal power plant in Orissa

Written by: Staff

Bhubaneswar, May 3 (UNI) The Energy Ecology Engineering (EEE) of Russia has shown interest to set up a 500 MW Thermal Power Plant in Orissa at an estimated investment of Rs 2000 crores.

EEE President Dr Yuri P Cherkeun and Commercial Director P Klychnikov today met Chief Minister Naveen Patnaik and Energy Minister S N Patra and presented their view to set up the plant near Talcher.

Mr Patra said the eight member delegation led by Mr Cherkeun visited some sites near Kaniha where the National Thermnal Power Corporation(NTPC) has put up mega power plant and expressed their satisfaction over the available infrastructure to set up the power plant.

The Energy Minister said the government has apprised the EEE of the MoU provision for setting up of the power plant in the state.

The company had sought time to study the MoU before finalising the deal.

As per the provision in the MoU, the company willing to set up the Thermal Power plant in Orissa should provide 25 per cent of its generation to the state and pay six paisa per unit of power sold to other states as royalty towards meeting environment impact.

Meanwhile, the Orissa government has amended the by-laws of the Orissa Hydro Power Corporation (OHPC) to enter into a joint venture project with the Minerals and Metals Trading Corporation (MMTC) to establish a 2000 MW power plant at an investment of Rs 8000 crores.

Mr Patra said the proposal of the OHPC to go for thermal power generation with the MMTC would be submitted before the cabinet for its approval.

Meanwhile, the officials of both the MMTC and the OHPC had already held few rounds of discussion on the proposed power plant to be set up near Meramunduli in Dhenkanal district.


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