4 mines in Odisha to be allocated to power firms.

The Ministry of Coal has shortlisted four mines in Odisha to be awarded for power projects. It has called applications from States interested in developing these projects.

'The States have been asked to submit their applications by January 10,' a Coal Ministry official told Business Line. The four mines are located at Talcher coalfields in Odisha.

The Ministry of Coal would allocate the mines to the respective States, which would call power developers to bid for projects based on 'tariff.' The lowest bidder would be allowed to set up the power plant.

The projects would be open to both Government and private companies.

'The power plants may not necessarily be pit-head. The Government is assuring coal supply to the stations,' the official said.


HBL