Singareni To Ink Mega Power Deals In Odisha For 4,900 MW Capacity On December 18
"The coal from Naini must be used captively, making this a win-win for Odisha and Singareni": N. Balaram
HYDERABAD: The Singareni Collieries Company Limited (SCCL) will sign two preliminary agreements on December 18 with Odisha's Industrial Promotion and Investment Corporation of Odisha Limited (IPICOL) to establish 4,900 MW of thermal and green energy power projects, outgoing chairman and managing director N. Balaram announced on Tuesday.
In a statement, Balaram detailed plans for a 2,400 MW (3x800 MW) ultra super critical thermal power plant linked to SCCL's Naini coal block. "The coal from Naini must be used captively, making this a win-win for Odisha and Singareni," he explained, noting benefits for both the state and the company.
Complementing this, SCCL aims to ramp up green energy with 1,000 MW solar plants, 500 MW floating solar, 500 MW wind power, and 500 MW pumped storage projects in Odisha. Agreements for these will also be finalized on December 18.
IPICOL representatives affirmed their readiness to collaborate, aligning the projects with Odisha's power needs. Senior officials from both sides will witness the signing.
HYDERABAD: Senior IAS officer D. Krishna Bhaskar took charge as Singareni Collieries Company Limited (SCCL) chairman and managing director with full additional charge on Tuesday, following the completion of his predecessor N. Balaram's seven-year deputation.
Bhaskar formally took charge in the evening at Singareni Bhavan, receiving responsibilities from Balaram. SCCL directors and general managers extended a warm welcome.
A 2012-batch IAS officer, Bhaskar serves as CMD of Telangana Transco and special secretary to the deputy Chief minister. He had previously served as collector of Rajanna Sircilla and Siddipet districts, director in the industries department, and special secretary, finance and planning.