India’s Cabinet Committee on Economic Affairs (CCEA) has approved equity investments of INR56.1bn (US$675m) by two subsidiaries of Coal India to develop two coal-fired power plants totalling a combined capacity of 2.26 GW in the Indian States of Odisha and Madhya Pradesh. The investment to establish the two power plants will be made by the state-owned South Eastern Coalfields Ltd. (SECL) and Mahanadi Coalfields Ltd. (MCL).
MCL will build a 2x800 MW supercritical coal-fired power plant through its subsidiary, Mahanadi Basin Power Limited (MBPL), in the Sundergarh District of Odisha State. SECL will establish a 1x660 MW supercritical coal-fired power plant through a joint venture with Madhya Pradesh Power Generating Company Limited (MPPGCL) at the Amarkantak Thermal Power Station, Anuppur District, State of Madhya Pradesh.
In 2022, coal-fired capacity represented 54% of India’s installed capacity with more than 262 GW and nearly 73% of its power generation with 1,293 TWh. The country currently has more than 47 GW of coal-fired capacity under construction and nearly 57 GW under development. 91% of India’s coal consumption is used in power plants.
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