BGR Energy Systems is mulling to set up a 1,320 MW coal fired power plant in Bhapur in Nayagarh district of Orissa at an investment of Rs 6,287 crore.

The company is likely to sign the MoU with the Orissa Government for the project which is likely to be completed in five years from the date of signing of the MoU.

The state government is likely to assist the project with land, water and all mandatory clearances. It will also facilitate allotment of captive coal blocks.

The power plant may require 600-800 acre land and seven to eight million tpa of coal. While the state government is likely to procure 12-14 percent power from the project, BGR will be free to sell the remaining power within or outside Orissa.

Also See:

BGR Energy bags PGCIL order (7-April-10) 

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Addendum:

BGR Energy Systems on 9 April 2010 signed an MoU with the Orissa Government for setting up of 1,320 MW (2 x 660) Independent Power Producer (IPPs) at Bhapur in Nayagarh district, at an estimated investment of Rs 6,287 crore.