Odisha may cancel MoU with 3 independent power producers.

The Odisha government recently indicated to cancel MoUs with at least three independent power producers for tardy progress on their coal-based projects earlier proposed in the state.

'The progress made by Astaranga Power, SPI Ports and KU Projects is not satisfactory. Their memorandum of understanding (MoUs) have lapsed and we are not willing to extend their pacts,' Energy Secretary Suresh Chandra Mohapatra said after attending a review meeting chaired by Chief Secretary G C Pati.

Mohapatra said that the next meeting of the state task force will decide the fate of three independent power producers (IPPs). 'We would like them to be off the list as they have not started process of land acquisition', Mohapatra, said.

According to the review meeting, the state government had originally signed MoUs with 30 IPPs, envisaging a generation capacity of around 37,000 MW. Out of this, pacts inked with Essar Power and Vijaya Power have been scrapped due to unsatisfactory progress on their projects.


ET