New Delhi The coal-rich Jharkhand state is set to get a second ultra mega power project (UMPP) soon, with the power ministry clearing a project in Deogarh district, sources said.

This will be the seventh UMPP to be launched in the country. Major industry players like Tata Power, Lanco, Adani, JSW Energy, Indiabulls, Jaiprakash Group as well as public sector generator, NTPC, are expected to participate in bidding for the project which would offer a R20,000 crore investment opportunity.