The Mahanadi Coalfields Limited (MCL) has laid out an investment of about Rs 60,000 crore in Odisha with Rs 31,000 crore to be spent for mining and social infrastructure development by 2023-24.
To increase the capacity building for the new and expansion of existing projects, the company would invest in procurement of HEMMs, besides setting-up of 1600 MW (2×800) super critical thermal power plant with an investment of Rs 11,363 crore in Sundargarh district.
The MCL has also adopted a part of tribals-dominated area under its command in Sundargarh for development under the Gram Samridhi Yojana to improve the quality of life in and around its project sites.
