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Jindal Steel & Power

901 bytes added, 08:49, 5 May 2011
SW: add details on expansion plans
JPL was the first private sector company to build one of the 'ultra mega' projects, the 1000 megawatt coal-fired Raigarh, Chhattisgarh. The project began operation in December 2007. The company states that the "fuel supply of the plant is met through its captive coal mines. A 6.9 km conveyor pipeline has been set up for transportation of coal between the mines and the plant. The Company has constructed a 258 km, 400 KV Double Circuit transmission line from the plant to the PGCIL sub-station at Raipur through which power can be sold anywhere in India. For meeting the plant’s consumptive water requirement, an 18 m high dam over the Kurket River has been built, 25 km away from the project site."<ref name="JP ABout"/>
The company also states that it is "expanding its capacity at Tamnar by setting up a 2400 MW thermal power plant" adjoining the existing Tamnar 1000 MW power plant. It also states that it has "signed an MoU with the State Government of Jharkhand to set up a 2640 MW thermal power plant."<ref name="JP ABout"/> A company briefing note on its expansion plans states that the project will be "completed in stages in the year of 2012 and 2013 and the same has been funded on the basis of 75:25 debt:equity."<ref name="JP">Jindal Power, [http://www.jindalpower.com/note-on-jindal-power-limited.pdf "Jindal Power Limited (JPL)"], Jindal Power, July 2010.</ref? The briefing note also states that the company has announced an expansion "at Dumka, Jharkhand 1320 MW (2X660 MW) Power Plant at anestimated project cost of Rs. 7224.00 Cr. (US $ 1.62 billion). This Plant will be completed in stages in the year of 2014 and the same has been funded on the basis of 70:30 debt:equity."<ref name="JP"/> It also states that a further 600 megawatt power plant at Godda, Jharkhand would be completed in 2014 at an estimated project cost of Rs. 3666.00 Cr. (US $ 0.82 billion)on the basis of 70:30 debt:equity."<ref name="JP"/>
==Contact details==
Jindal Centre<br>
developer, Administrators
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