MPCL Thermal Power Station
# MPCL Thermal Power Station

MPCL Thermal Power Project is located near Angul in Odisha. The power plant is one of the coal based power plants of Monnet Power Company Limited.

## Power Plant

The project is sponsored by Monnet Power Company Limited a subsidiary of Monnet Ispat and Energy Ltd and will use supercritical technology.

State-run power equipment maker BHEL has bagged an order worth Rs 5,600 crore for 1050-megawatts (MW) power plant from MPCL for this project on turnkey basis.

The project was funded by a consortium of 27 banks, who has disbursed 85 per cent of their sanctioned amount but due to a cost overrun in the project, the lenders were not keen to extend/enhance further credit to the company. But now the parent company MIEL has passed a board resolution to sell its stake in power arm.

Company is also planning another 660MW unit at the same site.

## Installed Capacity

| Stage | Unit Number | Installed Capacity (MW) | Date of Commissioning | Status |
| - | - | - | - | - |
| Stage I | 2x525 | 1050 | - | Under Constructions |
