MCL to invest Rs 649 billion in clean and thermal energy
Mahanadi Coalfields Limited (MCL) is scaling up its presence in Odisha’s energy sector with a major investment plan of Rs 649 billion. The company aims to diversify beyond coal and enter both renewable and thermal power segments. At the core of this strategy is a 2,100 MW renewable energy expansion in Odisha. This includes 2,000 MW of ground-mounted and floating solar power, backed by an investment of Rs 120 billion. Additionally, MCL is planning a…