Mahanadi Coalfields to build 50-MW solar plant in Odisha's Sambalpur
POWER & RENEWABLE ENERGY

Mahanadi Coalfields to build 50-MW solar plant in Odisha's Sambalpur

Mahanadi Coalfields Limited (MCL) will build a 50-megawatt solar power plant in Sambalpur, Odisha, at Rs 301.92 crore as part of its goal to achieve carbon neutrality by 2024.

The public sector unit said in a release on Saturday that this project will reduce carbon dioxide emissions by 91,020 tonne per year and generate carbon offsets of around 24,824 tonne per year.

MCL, based in Sambalpur, has placed an order with a Chennai-based company to set up this green energy project within 10 months.

The plant will meet MCL's captive power needs, as the company previously built a 2-MW solar power plant in Sambalpur in 2014.

To become a net-zero energy company by 2024, the MCL has set a goal of installing 182 MW of solar power, aligning itself to use cleaner forms of energy for coal production.

Coal India's subsidiary had previously introduced environmentally friendly surface miner technology, which now accounts for more than 95% of the country's coal production.

The company has successfully introduced vertical rippers for blast-less overburden removal in the Hingula and Kaniha opencast projects as another environmentally-friendly initiative.

Mahanadi Coalfields Limited (MCL) is one of India's largest coal producers. It is one of Coal India Limited's eight subsidiaries. In 1992, Mahanadi Coalfields Limited was formed by the merger of South Eastern Coalfields Limited and Mahanadi Coalfields Limited. Its headquarters are in Sambalpur. Its coal mines are strewn across Odisha. It has a total of three underground mines and seven open cast mines.

Image Source

Also read: Mahanadi Coalfields to set up 50 MW solar facility at Rs 302 cr
Also read: Mahanadi Coalfields invites bids for O&M of 2 MW solar project

Mahanadi Coalfields Limited (MCL) will build a 50-megawatt solar power plant in Sambalpur, Odisha, at Rs 301.92 crore as part of its goal to achieve carbon neutrality by 2024. The public sector unit said in a release on Saturday that this project will reduce carbon dioxide emissions by 91,020 tonne per year and generate carbon offsets of around 24,824 tonne per year. MCL, based in Sambalpur, has placed an order with a Chennai-based company to set up this green energy project within 10 months. The plant will meet MCL's captive power needs, as the company previously built a 2-MW solar power plant in Sambalpur in 2014. To become a net-zero energy company by 2024, the MCL has set a goal of installing 182 MW of solar power, aligning itself to use cleaner forms of energy for coal production. Coal India's subsidiary had previously introduced environmentally friendly surface miner technology, which now accounts for more than 95% of the country's coal production. The company has successfully introduced vertical rippers for blast-less overburden removal in the Hingula and Kaniha opencast projects as another environmentally-friendly initiative. Mahanadi Coalfields Limited (MCL) is one of India's largest coal producers. It is one of Coal India Limited's eight subsidiaries. In 1992, Mahanadi Coalfields Limited was formed by the merger of South Eastern Coalfields Limited and Mahanadi Coalfields Limited. Its headquarters are in Sambalpur. Its coal mines are strewn across Odisha. It has a total of three underground mines and seven open cast mines. Image Source Also read: Mahanadi Coalfields to set up 50 MW solar facility at Rs 302 cr Also read: Mahanadi Coalfields invites bids for O&M of 2 MW solar project

Next Story
Infrastructure Urban

3i Infotech Reports Rs 7.25 Bn Revenue for FY25

3i Infotech, a leading provider of digital transformation, technology services and technology solutions, announced its consolidated financial results for the fourth quarter and full year FY25, ended on March 31st, 2025. The company maintained its growth momentum, displaying consistent progress for the 3rd consecutive quarter.In Q4 FY25, 3i Infotech reported revenue of Rs 1.87 billion, reflecting steady performance compared to Rs 1.81 billion in Q3 FY25 and Rs 1.97 billion in Q4 FY24. The company delivered strong profitability improvements, with gross margin growing by 14.8 per cent Q-o-Q and 1..

Next Story
Infrastructure Urban

Emerald Finance Joins Baya PTE to Boost SME Bill Discounting

Emerald Finance is a dynamic company offering a spectrum of financial products and services including its flagship Earned Wage Access (EWA) in India, has entered into a strategic partnership with Singapore-based Baya PTE through its Indian subsidiary. This collaboration aims to strengthen bill discounting services for Small and Medium Enterprises (SMEs), enabling faster access to working capital and improved cash flow management.The initiative is designed to support SMEs that supply to large corporates such as JSW Steel, Delhivery, and PVR INOX, among others. By facilitating timely invoice dis..

Next Story
Infrastructure Urban

BLS E-Services Crosses Rs 5 Bn Revenue Mark in FY25

BLS E-Services, a technology-enabled digital service provider, announced its audited consolidated financial results for the quarter and full year period ended 31 March 2025.Speaking about the performance and recent updates, Shikhar Aggarwal, Chairman, BLS E- Services said, “We are delighted to report a remarkable performance in FY25, as we achieved several milestones during the fiscal year. FY25 marked our highest-ever financial performance, as we surpassed Rs 5 billion milestone in Total Income during the year, which was reported at Rs 5.45 billion, a notable YoY growth of 76 per cent. The ..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?