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L&T looking for location to set up power plant

Staff Reporter

It has entered into pact with the State for setting up steel mill


The company is ready to invest Rs.83,000 crore in the State

It was involved in several infrastructure projects in the State


BHUBANESWAR: Infrastructure major L&T Limited is scouting for a site at a distance of about 100 km from Bhubaneswar to set up a 2000 mw per annum capacity thermal power plant.

Speaking to reporters on the sidelines of a conclave of prospective investors organised by industry body The Associated Chambers of Commerce and Industry of India (Assocham) here on Friday, L&T Limited president S. Ray said the company was in process of identifying the site in two to three districts for the power project.

Mr. Ray said the L&T had lined up a staggering investment of Rs.83,000 crore in aluminium, power and steel sectors for Orissa.

“We had already proposed to setup 2000 mw capacity power plant at Dhamara in Bhadrak district. Besides, we are looking for a site for second power plant about 100 km from the capital city,” L&T president said.

He claimed that the company entered into an agreement with the State government to set up 3 million tonne per annum capacity steel mill near port town of Paradip for which it would require at least 600 acres of land. “We, however, have not zeroed in on any particular patch of land for the proposed steel plant,” Mr. Ray said.

Alumina refinery

The L&T, which set up a sea port in joint venture with Tata Steel at Dhamara, had already been pursuing one million tonne per annum alumina refinery somewhere in Rayagada district. It recently sought Chief Minister's help to ensure the project see the light. For the alumina refinery project, the infrastructure major has partnered with Dubai Aluminium Company.

When asked company's strategy to deal with anti-land acquisition movements that stalled several major projects including that of Posco, Mr. Ray said, “Everywhere in the country, projects are facing these kinds of hindrances.

But we are hopeful that we will solve the issue for our projects.” The L&T Limited was involved in several infrastructure projects in the State.

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