Odisha Coal and Power

What Odisha Coal and Power does

Odisha Coal and Power Limited (OCPL) is a state government-owned joint venture between Odisha Power Generation Corporation (OPGC) and Odisha Hydro Power Corporation (OHPC), incorporated in February 2016 to secure coal supply for Odisha's power sector. The company operates opencast coal mines, with the Manoharpur Coal Mine in Sundargarh district as its primary asset, and recently won its first commercial coal block, Tangardihi North, in September 2025. Coal dispatch from Manoharpur commenced in December 2019.

OCPL's core products are thermal coal from Manoharpur and supporting infrastructure including a fully automatic 4,000 tons-per-hour Coal Handling Plant (8 MTPA, with planned expansion to 16 MTPA), a Rapid Train Loading system, and surface miner technology deployed for extraction. The company also runs an extensive Rehabilitation and Resettlement program with model colonies at Sukhabandha and Hemgir for project-displaced families. Mining operations are spread across 2,716.84 acres of land comprising private, government, and forest holdings, and the Manoharpur mine has received the Ministry of Coal's 5-Star rating for four consecutive years.

The business model is anchored on long-term coal supply agreements with state power utilities — primarily OPGC (its own shareholder), NTPC Darlipali, and NSPCL Rourkela — supplemented by spot e-auction sales through the MSTC platform (e.g., G-14 grade coal at a Rs. 785/ton floor price as of July 2026). Distribution is domestic only, with coal moved via road and rail. Pricing is unit-based by grade. The company is headquartered in Bhubaneswar, employs 51–100 staff, and operates as a strategic state instrument to ensure fuel security for Odisha's thermal power generation; an April 2025 filing under Sections 62 & 86 of the Electricity Act, 2003 indicates active pursuit of regulated input-price determination, and an Rs. 1,500 Crore investment plan underpins ongoing coal block development.

Name

Odisha Coal and Power

Legal name

Odisha Coal and Power Limited

Website

https://ocpl.org.in

Company type

Private

Founded year

2016

Operating status

Operating

Headcount range

51–100 employees

Short description

Odisha Coal and Power Limited is a Government of Odisha-owned joint venture (OPGC and OHPC) that operates the Manoharpur opencast coal mine and supplies thermal coal primarily to state power utilities including OPGC, NTPC, and NSPCL.

Ownership category

akta.pro rank

Product category

Coal Mining

NAICS

Surface Coal Mining (212114), Support Activities for Coal Mining (213113)

SIC

Bituminous Coal & Lignite Mining (1220), Bituminous Coal & Lignite Surface Mining (1221)

akta.pro primary industry

Coal Handling, Stockpiling & Loadout Terminals (IMAKAIAI)

akta.pro secondary industries

Coal Marketing & Trading (IMAKAIAK), Coal Exploration & Resource Development (IMAKAIAE)

Keywords

• Coal mining operations
• Thermal coal supply
• Power generation fuel
• Opencast coal mining
• Coal handling infrastructure

Headquarters

HQ city

Bhubaneswar

HQ country

India

HQ region

Asia

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Personnel, Supply Chain, Infrastructure, Others

Revenue model

1. Coal Sales to Power Utilities: OCPL generates revenue through direct coal supply contracts with power generation companies including OPGC, NTPC, and NSPCL. Coal dispatch to OPGC started in December 2019 through road transportation.
2. E-Auction Coal Sales: Spot auction sales of coal conducted through MSTC e-auction platform, with floor prices set for different coal grades. Example: G-14 grade coal at Rs. 785 per ton.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels6 records

Core offering

Odisha Coal and Power Limited (OCPL) operates the Manoharpur opencast coal mine in Sundargarh district, Odisha, and supplies thermal coal primarily to state power utilities including OPGC, NTPC Darlipali, and NSPCL Rourkela. The company runs a fully automatic Coal Handling Plant with 8MTPA capacity (expandable to 16MTPA) and dispatches coal via road and rail infrastructure. OCPL also conducts spot coal sales through the MSTC e-auction platform at grade-based floor prices, with example pricing of Rs. 785 per ton for G-14 grade coal.

Product overview

Odisha Coal and Power Limited (OCPL) is a coal mining company operating the Manoharpur Coal Mine in Sundargarh district, Odisha. The company's core offerings include opencast coal mining operations, a fully automated Coal Handling Plant with 8MTPA capacity, and coal dispatch services to power plants. OCPL provides comprehensive rehabilitation and resettlement programs for displaced communities, including residential colonies with modern infrastructure. The company operates as a joint venture between OPGC and OHPC (Govt. of Odisha enterprises) and is committed to sustainable and environment-friendly mining practices, as evidenced by its consecutive 5-Star ratings from the Ministry of Coal.

Differentiator

Problem solved

Functional benefit

Products and services

• Manoharpur Coal Mine (Thermal Coal Production) Opencast thermal coal mining operations at Manoharpur in Sundargarh district, Odisha. The mine produces thermal coal for power generation and has received 5-Star rating from Ministry of Coal, GoI for four consecutive times for efficient, effective, environment friendly and sustainable coal mining practices. The Coal Handling Plant has 8MTPA capacity with expansion plans to 16MTPA.
• Coal Dispatch Services Transportation and dispatch of coal from Manoharpur Coal Mines to power plants including NTPC Darlipali and OPGC facilities via road and rail logistics. Active tender process for road transportation services supports ongoing dispatch operations.
• E-Auction Coal Sales Spot auction sales of coal conducted through the MSTC e-auction platform for various coal grades at floor prices, providing flexible short-term and spot coal procurement for industrial buyers and traders. Example offering: 9.88 lakh ton of G-14 grade coal at floor price of Rs. 785 per ton on 13th July 2026.

Quantifiable outcome

• 5-Star rating by Ministry of Coal for Manoharpur Coal Mine for fourth consecutive time
• +1 more outcomes

Named customers3 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Three partnerships are on record, tiered major and supporting.

• NSPCL (NTPC-SAIL Power Company Limited)majorStrategic or Co-development Partner · 1 March 2025MoU signed between OCPL and NSPCL for sourcing of coal from Manoharpur Coal Mines for the NSPCL Rourkela Plant. This partnership secures a new customer for OCPL's coal production.
• MART Global Management Solutions LLPsupportingStrategic or Co-development PartnerProfessional agency engaged by OCPL for managing the Sustainable Livelihood program for project displaced families of Manoharpur. Implements skill development and capacity building training.
• NTPCmajorStrategic or Co-development PartnerOCPL is providing coal transportation services from Manoharpur Coal Mines to NTPC Darlipali power plant in Sundargarh district. Active tender process for road transportation of coal.

Scale indicators6 records

Recent moves10 records

Expansion highlights5 records

Broad incumbents

• Coal India Limited: The dominant national coal miner and parent/holding structure for MCL and several of OCPL's potential competitors. Coal India sets industry benchmarks for production scale, dispatch logistics, and regulatory engagement with the Ministry of Coal.
• NMDC Limited: India's largest iron-ore miner and a state-owned enterprise (jointly awarded the FIMI-NMDC Award to OCPL). While primarily a metal miner, NMDC is comparable as a state-owned mining incumbent with diversified mineral interests and strong government backing.
• Northern Coalfields Limited (NCL): Coal India subsidiary operating large opencast coal mines in Madhya Pradesh and Uttar Pradesh supplying northern power plants. Comparable in surface-mining technology, coal handling plant scale, and rail-based dispatch to power utilities.
• NLC India Limited: A state-owned miner and power producer (formerly Neyveli Lignite) that integrates lignite/coal mining with captive power generation — analogous to OCPL's coal-mining-to-state-power-utility model, though at much larger scale.
• South Eastern Coalfields Limited (SECL): Another large Coal India subsidiary producing thermal coal for central and state power generators across central India. Comparable in mine operations, dispatch scale, and customer type, though serving broader geographies than OCPL.

Direct peers

• Gujarat Mineral Development Corporation (GMDC): A Gujarat state-owned miner that operates lignite/coal mines to supply fuel to state power utilities — a structural analogue to OCPL's state-owned JV model, with similar captive offtake and regulated pricing dynamics.
• Singareni Collieries Company Limited (SCCL): A state government-owned (Telangana) coal mining company supplying thermal coal to state power utilities under a captive offtake model — directly analogous to OCPL's OPGC/OHPC offtake structure, with similar scale and operational scope.
• Mahanadi Coalfields Limited (MCL): A Coal India subsidiary operating extensively in Odisha, including the same Sundargarh coalfield region as OCPL. It is the most direct geographic and operational peer, mining and dispatching coal to state and central power utilities using comparable surface mining and rail-dispatch infrastructure.

Emerging players

• Rajasthan State Mines and Minerals Limited (RSMML): A Rajasthan state-owned mining company that has begun participating in coal block auctions to supply regional power demand — a comparable emerging state-miner model that, like OCPL, leverages government backing to enter commercial coal markets.

Regional players

• Eastern Coalfields Limited (ECL): A Coal India subsidiary operating in West Bengal and Jharkhand, supplying coal to eastern Indian power utilities. Comparable in operating model (surface/UG mining, rail dispatch, state power offtake) though geographically adjacent rather than overlapping.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/ocplodisha
• Facebookfacebook.com/OCPL.ODISHA

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Odisha Coal and Power