Centre approves coal allocation for MP to set up power plants with capacity of 4100 MW Image for representation purpose only
News Updates

Centre approves coal allocation for MP to set up power plants with capacity of 4100 MW

The Union government on Thursday cleared coal allocation to Madhya Pradesh for setting up thermal power plants having a total installed capacity to generate 4100 mega watt power

PSU Watch Bureau

New Delhi: The Union government on Thursday cleared coal allocation to Madhya Pradesh for setting up thermal power plants having a total installed capacity to generate 4100 mega watt power, an official said.

It is after five years that the high level inter-departmental committee of the Centre approved fuel allocation after a proposal was sent from the state's energy department keeping in view the power demand, he said.

PSU Watch is now on Whatsapp Channels. Click here to join

In 2019, the Centre cleared coal allocation for setting up fossil fuel-fired plants with a total installed capacity of 1360 MW, the official added.

MP Chief Minister Mohan Yadav thanked Prime Minister Narendra Modi for the coal allocation and directed the state's energy department to issue tenders for setting up the power plants.

MP Energy Additional Chief Secretary Neeraj Mandloi said the installation of 4100 MW coal-fired power plants will bring in Rs 25,000 crore in investments and also create huge direct and indirect employment.

The coal allocation will come in handy for MP to remain self-reliant in power and provide cheap and quality energy to domestic consumers, industries and farmers, he said.

As per government figures, the installed thermal energy capacity of MP Power Generation Company is 4570 MW at present.

(PSU Watch– India's Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy is now on Google News. Click here to follow. Also, join PSU Watch Channel in your Telegram. You may also follow us on Twitter here and stay updated.)

Stock markets surge in early trade on foreign fund inflows, firm global trends

PM unveils Rs 10,601-crore fertiliser plant in Assam, unit to be commissioned by 2030

NHPC to begin commercial operation of 2nd unit of Subansiri hydro project on Tuesday

India adds 50GW RE capacity with Rs 2 lakh crore investment in 2025; to keep momentum in 2026

Govt holding in IOB declines to 92.44% after share sale