(1) Baitarni West Coal Block at Odisha
Location | Chhendipada area, Dist : Angul, Odisha |
Mining Lease area | hectares |
Geological Reserves | 602 Million Tonnes |
Mineable Reserves | 468 Million Tonnes |
Production Capacity | 15 MTPA (GPCL to have 1/3rd share) |
Stripping Ratio | 1: 23.26 (Tonnes : M3) |
Present Status | Ministry of Coal, Government of India has allotted Baitarni West Coal Block to GPCL along with Kerala State Electricity Board (KSEB) and Orissa Hydro Power Corporation Limited (OHPC) under Government dispensation route in pursuance of the provision of section 3(3)(a)(i) of the Coal of the coal Mines (Nationalization) Act, 1973.
As per the terms and conditions of the allocation letter, GPCL, KSEB and OHPC has been incorporated a joint venture company viz. Baitarni West Coal Company Limited (BWCCL). The Mining Plan for this project has been approved by the Ministry of Coal on 07-10-2009. The ToR for the project has been issued on 27.06.2011. The draft EIA/EMP is under preparation by CMPDIL. The revised Mining Lease application is under progress. Notification under section 4(1) is yet to be done as administrative approval from the Dept. of Steel & Mines, Government of Odisha is awaited. M/s.a.XYKno Capital Service Pvt. Ltd. Nagpur has been appointed as a consultant for finalization of appropriate Business Model for operating the mines and selection of MDO for mining. The Draft R & R Policy of BWCCL has been submitted to the Govt. of Odisha for approval. As requested by BWCCL, GPCL has given an undertaking to Dept. of Steel & Mines, Govt. of Odisha on 27.09.2011 for enabling BWCCL in getting administrative approval for acquiring land for the project . GPCL has deposited a Bank Guarantee amounting to Rs. 25 Crores to Govt. of India as 1/3rd partner of the project.
Ministry of Coa, GoI has issued a Show Cause to all the joint allocatees i.e.GPCL,OHPC and KSEB for non compliance in the time frame of development as prescribed in the allocation letter. In response to this GPCL authorized KSEB to file an case in the Honourable High Court of Odisha against the evocation of Bank Guarantee and cancellation of coal block.
The Honourable High Court has passed an Interim Order directing that the Bank Guarantee furnished by the Petitioner Company may not be encashed and the Coal Block allocated to it may not be allocated to any 3rd party without leave of the Honourable High Court of Odisha.
Presently the matter is sub-judice in the Honourable High Court of Odisha.
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(2) 3 x 840 MW Pipavav Power Project
Location : | vill: Rampara-2, Ucchaiya of Rajula Taluka in Amreli District. |
Capacity : | 2520 MW |
Type : | Indigenous / Imported coal |
Technology : | Conventional technology |
Present Status : | The required land for the project has been acquired. To develop the project, a SPV i.e. Torrent Pipavav Generation Limited (TPGL) has been incorporated. GPCL is having 5% equity in the project. The Shareholders' Agreement has been executed on 12.12.2009 between GPCL and Torrent Power Limited. The ToR for the project has been approved by the MoEF, New Delhi. The transfer of land in the name of TPGL is under process. |