MIEL has extensive experience in setting up and operating power plants. It is presently generating 150 MW of power from it’s Raipur and Raigarh Plant for captive consumption & sale.

MIEL is enhancing the power generation capacity at Raigarh from 90 MW to 180 MW. The new 90 MW plant is slated for commencing power generation in the financial year 2010-11

MIEL is setting up 1050 MW power plant in Angul, Orissa as an IPP. MIEL is executing the project through its wholly owned subsidiary, Monnet Power Company Limited. The allocation of coal block is testimony to the capability of MIEL to execute projects of large magnitude in coal mining and power generation.

The plant shall be commissioned by year 2011-12.

Encouraged by these spurt of positive activities the company proposed to install two more super critical power projects with the rated capacity of 2 x 660 MW i.e. equal to 1320 MW and at costal states with captive Jetties and imported coal proposed to be unloaded at the western ports and eastern ports respectively.

The company has envisaged to become a major power player by simultaneously entering into Hydro Sector also and has been qualified for 3 small Hydro project in the state of Uttrakhand on pinder river. Negotiation are also in progress for a 96 MW Hydro Power Project in the State of Arunachal with the State Government.

Not contended with above the surplus power from the captive power plants of Raigarh and Raipur has been traded to various beneficiaries on short term basis and company has been able to sell sufficient units during the financial year 2009-2010 till date.