Highlights

USPs of the 1050 MW Thermal Power Plant, Angul Orissa

• Blackstone Group invested Rs 275 crore for a 12.5% stake in Monnet Power Company Limited (MPCL).
• Fuelled by captive coal mines specifically allocated to the project negates dependency of coal from domestic market.
• Pit head coal mine ensures logistic efficiency of transporting coal from coal mine via conveyer belts.
• Statutory approvals & clearances received and financial closure has also been achieved