JV’s & Subsidiaries

OHPC has taken initiatives to develop Thermal, Hydro, Renewable Power projects on its own and through joint ventures and Subsidiary. DPR is under preparation for construction of Pumped Storage Scheme at Upper Indravati, Mukhiguda. The information on Subsidiary and JV companies along with details of partners of joint ventures along with present status is given below:

Name of the JV/Associate / Subsidiary Company	JV Partner(s)/ Subsidiary	Equity Ratio	Installed Capacity (MW/ MT)	Status
Odisha Thermal Power Corporation Ltd (OTPC)	Odisha Mining Corporation Ltd (OMC).	50:50	To Set up 2400 MW (3X800 MW) Super critical Thermal Power Plant at Kamakshyanagar, Dist-Dhenkanal	As per the Govt. decision, the land parcels acquired by OTPC shall be transferred to IDCO. Thereafter, steps to be taken for winding-up of the Company.
Baitarni West Coal Company Ltd (BWCCL)	Kerala State Electricity Board (KSEB), Gujarat Power Corporation Ltd (GPCL)	1/3rd each	Development and operation of coal mines	Allocated Coal Block has been de-allocated by the Govt. of India. Steps are being taken by all the promoters for winding up of the company
Green Energy Development Corporation of Odisha Ltd (GEDCOL)	Wholly Owned Subsidiary of OHPC	NA	Commissioned Solar Projects
			20 MW at Manmunda, Boudh	Commissioned in June-2016 at Manmunda, Boudh
			4 MW Grid connected Rooftop Solar Project, MNRE	Commissioned in March 2019 on 65 Govt. buildings in Bhubaneswar (39) & Cuttack (26)
			8 MW Grid connected Ground based solar project at five different locations Manamunda (2 MW), Mukhiguda(1 MW), Baripada (1 MW), New Balangir (2 MW), Jayanagar (2 MW)	Commissioned on April’2022 & 2023.
			Solar Projects Under Pipeline
			10 MW Ground mounted Solar Project at Chipilima, Sambalpur.	EPC Contractor has been selected through GeM portal for Design, Engineering, Procurement & Supply, Construction, Commissioning and comprehensive O&M for ten (10) years of this project. Land survey and soil test work has been completed.
			29MW Ground Mounted Solar PV Project at Boudh District	Lease Agreement for 261.52 Acres of land in village Kadambapal, Junani, Ghulughulapadar in the district Boudh signed between IDCO & GEDCOL. In 14th SWC meeting, the 29 MW Solar Project along with BESS of capacity 6 MW (4 Hr) /24 MWh at Junani, Ghulughulapadar in Boudh district has been approved. ender document is under preparation.
			5.15MW Ground Mounted Solar PV Project with 2.4MWh BESS at Balimela near Balimela Power House of Malkangiri district	In 14th SWC meeting, the 5.15 MW Solar Project along with BESS of capacity 0.6 MW (4 Hr) /2.4 MWh has been approved. Tender document is under preparation.
			300MW Floating Solar Project in Rengali Reservoir	This project is being taken up.
			Small Hydro Electric Project
			03MW Kanupur Small Hydro Project, Keonjhar	Project will be placed before the SLFC for Single Window Clearance. The tendering process for selection of EPC Contractor of the project will be commenced shortly.
			1.2MW Telengiri Dam Toe SHEP in Koraput District	The DPR of the project is under finalisation.
GEDCOL SAIL Power Corporation Limited (GSPCL).	GEDCOL & SAIL	74:26	Setting up 10 MW Power Plant in Mandira Reservoir at Rourkela.	M/s HIPL- RSVCPL (JV) has been engaged as the EPC Contractor to execute the project with 5 years of O&M. Power Purchase Agreement (PPA) has been executed with SAIL on 24.12.2025. The work is under progress at Mandira site and to be commissioned in the FY-2027-28.

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