Bhatti Vikramarka the deputy CM said that the state government decided to invest the profits earned by the Singareni company for future needs.
The government envisaged the plans for the expansion of solar power plant to 1000 MW,construction of 500 MW pumped storage plant at Ramagundam, another 1×800 MW thermal power plant at the existing thermal power plant at Jaipur, 1×800 MW thermal power plant at Ramagundam jointly with TSGENCO and set up a super critical thermal power plant with a capacity of 2,400 MW at Naini coal block ( pit head) in Odisha.
The SCCL will also start operations at VC open cast, Goleti and Naini OCs.
The establishment of new residential schools for Singareni workers and employees' children, integrated schools, modernization of area hospitals and establishment of a multi-specialty hospital in Hyderabad will be the new initiatives which are being taken by the company for the welfare of the workers.