Tata Power to set up 1000 mw power plant in Chhattisgarh

Tata Power company will set up a 1000 mw coal fired mega power plant in Chhattisgarh with an estimated investment of Rs5,000 crore, for which it has signed a memorandum of understanding (MoU) with the government of Chhattisgarh.

"This agreement signifies Tata Power''s commitment towards the state of Chhattisgarh for bridging the power requirements of the state and the country. With this MoU, Tata Power has taken another step towards its growth plans and increasing its national footprint," Tata Power managing director Prasad Menon said.

The project will require around 1200-1300 acres of land on the basis of preliminary feasibility study, a suitable site in the Raigarh district of Chhattisgarh has been identified.

Tata Power is now in the process of carrying out a detailed feasibility study for the project.

The state has sought to provide comprehensive cooperation to Tata Power in acquiring necessary clearances and approvals that fall under the purview of the state government and also facilitate the allotment of captive coal mining facilities for necessary coal linkages.