Cuddalore: NLC India Limited (NLCIL) and Industrial Promotion and Investment Corporation of Odisha Limited (IPICOL) have proposed to undertake major industrial ventures including a 3,200 MW ultra-supercritical thermal power plant, a coal gasification-based initiative, and a beach sand mineral processing facility at an estimated cost of Rs 37,000 crore in Odisha.NLCIL has signed Memorandums of Understanding (MoUs) with IPICOL in this regard on Thursday in Mumbai. NLCIL executive director (mines & land) I S Jasper Rose and IPICOL managing director Aboli Sunil Naravane signed the MoUs in the presence of Odisha chief minister Mohan Charan Majhi, additional chief secretary (industries department and energy) Hemant Sharma and NLCIL chairman-cum-managing director Prasanna Kumar Acharya, said a release from NLCIL.NLCIL will develop a 3200 MW (4×800 MW) coal-based ultra-supercritical thermal power plant in Odisha with a massive tentative investment of Rs 35,000 crore. This project is projected to create employment opportunities for around 4,000 people, boosting the state’s power infrastructure and economic growth.NLCIL will establish a beach sand mineral processing facility with a tentative investment of Rs 2,000 crore. The facility is expected to generate employment for 500 individuals, fostering regional industrial development and socioeconomic growth in the region.NLCIL has proposed a coal gasification and fertiliser project in Odisha. The company will explore opportunities for establishing linkages between coal gasification and fertiliser production. It will explore the technical feasibility of coal gasification and the production of synthesis gas (Syn-Gas) for potential applications in the fertiliser sector.
