Coal Indian Limited’s subsidiary South Eastern Coalfields Limited (SECL) has signed a memorandum of understanding (MoU) with the Madhya Pradesh Power Generation Company Limited (MPPGCL) to develop a 660 MW thermal power unit at an investment of Rs 46.65 billion.
As per SECL, a joint venture (JV) company will be formed that will execute the 660 MW supercritical thermal power plant in Amarkantak thermal power station in Chachai, Madhya Pradesh. The plant will be built with modern supercritical state-of-the-art technology. Additionally, air-cooled condenser technology will be used in the power unit that will save water for power generation. The new upcoming unit by the JV will be fed by coal from SECL’s mines.