AP Govt to make joint allocation of coal mines

Hyderabad,, Nov 15 (UNI) The Central Government has decided to make a joint allocation of Rampia and DIP side of Rampia non-coking coal blocks in Orissa in favour of Lanco and five other companies so as to meet their share of coal requirements.

Lanco's share of the coal reserves would enable setting up of a power plant with a generating capacity of 1,000 MW.

The allocation of the above block would enhance the capacity addition plans of Lanco. Presently, Lanco was operating 518 MW of power generating capacities and was implementing power projects having cumulative capacities to the extent of around 3,500 MW.

The company had already initiated action to develop another 7,500 MW capacities, including 1,000 MW brown-field expansion at its Amarkantak Power Project and Kondapalli Gas Power Project and 6,500 MW Greenfield projects in Orissa, Jharkhand and Madhya Pradesh, which were in various stages of development, a statement said here.

UNI