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BGR Energy Systems has signed an MoU with the
Orissa government to build a mega power plant in
the coal-rich eastern state. The Chennai-based EPC
company for power projects signed the MoU with the
Orissa government on April 9.
The proposed 1,320-mw power project with two
units of 660-mw each will be located at Bhapur in Nayagarh
district. BGR will form a special purpose vehicle to
implement the project, estimated to cost Rs.6,287
crore, on IPP basis. The Orissa government will assist
the project with respect to land acquisition, water and
coal linkages, and mandatory project clearances.
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