Tangedco geared up to bid for coal mines in Kankili, Odisha

10 May 2023 CW Team

To fulfil the increasing demand for coal to fuel its thermal power plants, Tangedco is preparing to take part in the bid process for the Kankili coal mines in Odisha. "A remarkable 500 million tonnes of geological reserves are estimated in the coal mine. The coal ministry is anticipated to launch the tender and start accepting proposals for industrial mining. In a high-level meeting, Tangedco received the required approvals to actively participate in the tender,” a top official informed.

The representative added that Tangedco had previously participated in a number of coal mining tenders. It was forced to leave the process, though, as a result of fierce competition from other private players. To improve our prospects of winning the coal mines, Tangedco has developed new techniques, he claimed. Another source stated that Tangedco presently purchases coal for its operational thermal power plants from the Singareni mines in Telangana as well as the Talcher and IB valley mines of the Mahanadi Coalfields in Odisha.

According to a recent forecast by Grid India, Tamil Nadu is predicted to have peak demand in excess of 27,000 MW in 2026-2027. According to the official, Tangedco is currently actively pursuing a number of coal-based power production projects in North Chennai, Ennore, Udangudi, Uppur, and Ennore expansion, which together have a generation capacity of 4,900 MW.

He emphasised that the forthcoming North Chennai Stage-III power plant, with an 800 MW capacity, is expected to start conducting business operations by July. Tangedco intends to take part in the tender for the new mines in Odisha due to the crucial function that coal plays as a crucial fuel supply for the plant.

"At the moment, Tangedco's 4,320 MW thermal power plants require an annual coal supply of 223.4 lakh tonnes per annum (LTPA). We obtain 195.63 LTPA from the Mahanadi coal deposits and 40 LTPA from the Singareni mines to satisfy this demand. Additionally, 6% of the entire coal requirement is imported from Indonesia, under the union government's directives,” the official continued.

To fulfil the increasing demand for coal to fuel its thermal power plants, Tangedco is preparing to take part in the bid process for the Kankili coal mines in Odisha. A remarkable 500 million tonnes of geological reserves are estimated in the coal mine. The coal ministry is anticipated to launch the tender and start accepting proposals for industrial mining. In a high-level meeting, Tangedco received the required approvals to actively participate in the tender,” a top official informed. The representative added that Tangedco had previously participated in a number of coal mining tenders. It was forced to leave the process, though, as a result of fierce competition from other private players. To improve our prospects of winning the coal mines, Tangedco has developed new techniques, he claimed. Another source stated that Tangedco presently purchases coal for its operational thermal power plants from the Singareni mines in Telangana as well as the Talcher and IB valley mines of the Mahanadi Coalfields in Odisha. According to a recent forecast by Grid India, Tamil Nadu is predicted to have peak demand in excess of 27,000 MW in 2026-2027. According to the official, Tangedco is currently actively pursuing a number of coal-based power production projects in North Chennai, Ennore, Udangudi, Uppur, and Ennore expansion, which together have a generation capacity of 4,900 MW. He emphasised that the forthcoming North Chennai Stage-III power plant, with an 800 MW capacity, is expected to start conducting business operations by July. Tangedco intends to take part in the tender for the new mines in Odisha due to the crucial function that coal plays as a crucial fuel supply for the plant. At the moment, Tangedco's 4,320 MW thermal power plants require an annual coal supply of 223.4 lakh tonnes per annum (LTPA). We obtain 195.63 LTPA from the Mahanadi coal deposits and 40 LTPA from the Singareni mines to satisfy this demand. Additionally, 6% of the entire coal requirement is imported from Indonesia, under the union government's directives,” the official continued.

Infrastructure Transport

11 May 2026

Shivraj Chouhan Launches PMGSY IV and Announces Package for Madhya Pradesh

Union Minister Shivraj Singh Chouhan launched the Pradhan Mantri Gram Sadak Yojana (PMGSY) IV at Bhairunda in Sehore district during the 25 year celebrations and announced a development package for Madhya Pradesh. The programme was organised by the Union Ministry of Rural Development and attended by Chief Minister Dr Mohan Yadav, ministers of state, state ministers, legislators and senior officials from the centre and the state. The minister said the central government under the Prime Minister is committed to strengthening rural livelihoods through improved connectivity, housing and women's in..

Infrastructure Urban

11 May 2026

DMR Engineering Reports FY 25-26 Financial Results

DMR Engineering reported its half year results for the financial year ended 31 March 2026 and published full year figures on a standalone basis. Standalone revenue from operations decreased by 2.01 per cent year-over-year to Rs 102.58 million (mn), while profit after tax declined by 43.94 per cent to nine point five six mn, leaving a profit after tax margin of nine point zero five per cent. Earnings per share stood at Rs zero point nine two, a fall of 44.71 per cent year-over-year. The company attributed part of the decline to one-off provisioning for bad debts and additional financing charges..

Infrastructure Urban

11 May 2026

Atlanta Electricals Posts Strong FY26 Growth And Debt Free Finish

Atlanta Electricals reported audited consolidated results for the quarter and year ended 31 March 2026. The company recorded significant year-on-year revenue growth driven by capacity ramp-up at new facilities and higher utilisation at legacy plants. The announcement summarised operating improvements and strategic milestones achieved during the year. For Q4 the company reported revenue of Rs 7.48 bn and for FY26 revenue of Rs 18.52 bn, representing robust growth versus the prior year. EBITDA in Q4 was Rs. 1.49 bn and Rs. 3.44 bn for the full year, with margins expanding to 20 per cent in the q..