Prime Minister Modi to Inaugurate 2,400 MW Thermal Power Plant in Odisha

Prime Minister Modi to Inaugurate 2,400 MW Thermal Power Plant in Odisha

VoM News Desk | February 2, 2024 | 05:28 PM IST | Politics | Follow on Google News

Prime Minister Modi to Inaugurate 2,400 MW Thermal Power Plant in Odisha

Prime Minister Modi to Inaugurate 2,400 MW Thermal Power Plant in Odisha

Prime Minister Narendra Modi is set to lay the foundation stone for NLC India Limited’s (NLCIL) 2,400 MegaWatt Supercritical Thermal power plant in Sambalpur, Odisha. The project aligns with the vision to establish Thermal Power Plants at pit-head locations, reducing the cost of coal transportation. The Ministry of Coal has approved the setting up of a 3 x 800 MW Ultra Super Critical Thermal Power Plant at Talabira through NLCIL. The project, valued at over Rs27,000 Crore, aims to contribute to India’s energy security and economic growth.

Key Points:

1. Cost-Effective Electricity Generation: The pit-head plant is expected to generate electricity at a cost of Rs. 3.65 per unit (approx.), making it one of the cheapest power sources in the country. The cost breakdown includes Rs. 2.40 fixed cost and Rs. 1.25 variable cost.
2. Captive Coal Blocks: NLCIL has been allotted Talabira coal mines with total reserves of 553 million tonnes, ensuring sustainability for the thermal power plant. The project is intricately linked to NLCIL’s captive coal blocks, Talabira II and III.
3. Environmental Considerations: The thermal power plant incorporates higher efficiency, reduced carbon footprint, and a 10% eco-friendly biomass co-firing initiative. This emphasizes the commitment to environmental sustainability.
4. Power Purchase Agreements (PPAs): PPAs have already been secured for the supply of 800 MW to Odisha, 1,500 MW to Tamil Nadu, 400 MW to Kerala, and 100 MW to Puducherry.
5. EPC Contract: The Engineering, Procurement, and Construction (EPC) contract for the Main Plant, valued at Rs18,255 crore, has been awarded to BHEL. The project is expected to be commissioned in phases, with the first 800 MW unit scheduled for commissioning in 52 months.
6. Strategic Importance: The project represents a significant step towards fortifying India’s energy resilience, contributing to the nation’s pursuit of energy security and environmental stewardship.

The inauguration of this thermal power plant underscores India’s commitment to embracing sustainable and eco-friendly energy solutions, marking a substantial leap in the country’s progress towards a greener future.

VoM News Desk

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