Ind-Barath Energy Utkal (IBEUL) has proposed to set up a 20MW biomass power plant at Chiplima near Sambalpur in Orissa and a 700MW (2×350) coal-based power plant at Sahajbahal in Orissa’s Jharsuguda district. IBEUL’s biomass plant, worth Rs 800 million, would come up on 40 acres of land and the company has already presented a proposal to the state government owned Industrial Promotion and Investment Corp. of Orissa (Ipicol) and the Orissa Renewable Energy Development Agency for the project. The company expects its proposed biomass plant to be operational within 18 months of allotment of land by the Orissa government.