November 21, 2008

JSPL inks MoU with Bihar for thermal power plant

The Telegraph reported that Jindal Power Limited has signed a MoU with the Bihar government for setting up a 2,640 MW coal based power plant. Mr Sushil Maroo director of Jindal Power and Mr Aditya Swaroop energy secretary of Bihar have signed the MoU.

The final site of the project would depend on the availability of coal blocks and water.

JPL commissioned 500 MW of 1,000 MW project in the year 2007-08. The third and fourth units of 250 MW each were likely to be commissioned in June and July 2008 respectively.

It is also in process of setting up 2 power plants in the Dumka and Godda areas of Santhal Pargana where the company had been allotted coal blocks.