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In order to grow mining operations and build power plants around the country, the Singareni Collieries Company Limited (SCCL) has developed an action plan. As part of their growth plans, the Singareni Collieries want to establish a 500 MW solar power plant in Rajasthan and a 1,600 MW power plant in Odisha, with a primary focus on exploring iron ore in Bayyaram.
With 133 years of mining experience, the company has now created action plans for its forays into other industries. A delegation of officers will shortly travel to Zambia and the Democratic Republic of the Congo to look into the potential of mineral resources, according to official sources. The SCCL is also reportedly considering the possibility of mining in additional countries.
The organisations working in this indutry, like NALCO, HCL, and MECL, would come together and form ‘KhanijVidesh India Limited’ (KVIL) by including some other government sector companies. Sources also said that the SCCL is planning to estalish a 1,600 MW power plant near the Naini coal block in Odisha.
The officials mentioned that there was a big requirement for mineral resources like cobalt, copper, lithium, and beryllium in the country, and SCCL wants to venture into the mining of these resources. Similarly, the company was also planning to focus especially on exploring the iron ore in Bayyaram, Khammam.
Sources also said that the company would be setting up power plants at different places. A senior official said that besides the 235 MW power plant, the company would be setting up 1,500 MW of solar power plants at reservoirs and open places in the State. Similarly, the company is coming up with a plan to have a 500 MW solar power plant in Rajasthan, and presently, this project is at the DPR level.
The company, for the first time, is examining the proposal to have 100 MW of wind electricity and pumped storage plants. Meanwhile, in a review meeting organised on Tuesday, the Deputy Chief Minister Mallu Bhatti Vikramarka said that the SCCL should strive to make the company’s future bright for another 200 years by taking up long-term projects.
The dedicated work of the officers and staff would help the company grow further. The company should focus on decreasing expenditures because of the fierce competition in the coal mining sector.
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