Coal block deallocation fear clouds Navbharat power project in state
Amid widespread anticipation that the Inter Ministerial Group (IMG) might recommend cancellation of more coal block allotments after naming four such distributions last week, the promoters of Navabharat power project and sources in Odisha government said there is uncertainty over the 2,250 MW power project of the company in the state.
The Central Bureau of Investigation (CBI) has filed an FIR against Navabharat Power Private Ltd for selling the company to Essar Power Ltd in an irregular manner after getting coal allocation in Rampia and Dip side of Rampia blocks in western Odisha.