OTPC has been incorporated with the joint venture of two of the leading State PSUs namely Odisha Hydro Power Corporation Ltd (OHPC ) & Odisha Mining Corporation Ltd (OMC) .
During the formation of OTPC, it was decided by the state Govt. to set up a 2000MW coal based Thermal Power Plant in the State of Odisha.
The company initially planned to set up the thermal power plant in Rengali in the District of Angul. However, keeping in view the moratorium to the Rengali site by MoEF in getting environmental clearances, the company resolved to keep the existing project site at Rengali in Angul District under abeyance & also resolved to finalize the project site at Kamakhyanagar Tehsil under Dhenkanal district.
The company also decided to set up thermal power plant with capacity of 2400 MW having individual capacity of 3x800MW using super critical technology.
Administrative approval for LA from the State Govt. has already been obtained to the proposed site.