Odisha Coal and Power Limited explained

Odisha Coal and Power Ltd
Type:State-owned enterprise
Public company
Foundation:20-January-2015
Location:Bhubaneswar, Odisha, India
Key People:Nikunja Bihari Dhal (Chairman)
Sariputta Mishra (CEO)
Industry:Coal Mining
Services:Coal mine development and coal production
Products:Non-coaking coal
Revenue: (2021-22)

Odisha Coal and Power Limited (OCPL) is a coal mining company owned by Government of Odisha.[1] It was incorporated under the Companies Act 2013 on 20 January 2016. It has been allocated with two coal blocks in the state of Odisha by the Ministry of Coal, Government of India namely Manoharpur and Dipside of Manoharpur coal blocks in Sundergarh District of Odisha.

OCPL was started as a Joint venture company of Odisha Power Generation Corporation Limited and Odisha Hydro Power Corporation Limited, with 51% and 49% partnership respectively.

However, in February, 2023 the shares of OHPC was taken over by Government of Odisha.

The shareholding pattern of OCPL is as follows

ShareholdersPercentage
OPGC51
Government of Odisha49

Project

The OCPL has been allotted two coal blocks namely Manoharpur and Dipside of Manoharpur coal mines. The Manoharpur coal mine operation has commenced and the coal production from this mine started in October-2019. OCPL has engaged M/s BGR Mining Ltd. as the Mine Operator for the Manoharpur coal mine project. OCPL has constructed a Coal Handling Plant (CHP) of 4,000 TPH capacity at the pit head of the Manoharpur coal mine for ease in transportation of coal.

Notes and References

  1. Web site: Department of Energy . 1 November 2016 . https://web.archive.org/web/20130603211506/http://218.248.11.68/energy/Department.asp?lnk=3# . 3 June 2013 . dead .