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SW: →Overseas expansion plans: add details
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"/> The company refers to the proposed plant as the [[Godda Project]].
==Overseas coal expansion plans==
Jindal Steel and Power is looking to expand its overseas mining interests. In particular it:
* is one of the companies assessing a possible bid for [[Bandanna Energy]], a Australin Stock Exchange listed company which holds 16 exploration permits in the Bowen and Galilee basins in Queensland, Australia;<ref>Utpal Bhakshar, [http://online.wsj.com/article/SB10001424052702304259304576374340626969386.html?mod=googlenews_wsj "Second phase begins in race for Bandanna"], ''Wall Street Journal'', June 8, 2011.</ref>
* is seeking to expand on its 14.% share in [[Rocklands Richfields]], an Australian company which has exploration titles to coal deposits in the Bowen Basin of Queensland and a 480,000-tonnes per annum coking coal plant located in eastern China.<ref>[http://www.business-standard.com/india/news/jindal-steel-may-be-second-time-unluckyrocklands/438601/ "Jindal Steel may be second time unlucky with Rocklands"], ''Business Standard'' (India), June 10, 2011.</ref>
* has, via subsidiaries, been awarded coal exploration licences over coal deposits in Mozambique. In a statement to the Bombay Stock Exchange it was announced that [[Jindal Resources (Mozambique)]] Ltd, "has been allotted Block-2 in Moatize district of Tete province." The licence covers an area of 1,480 hectares near the head of the [[Sena railway]] which runs to [[Beira port]]. The company stated that the exploration area was estimated to contain reserves of approximately 150 million tonnes.<ref name="J">[http://www.business-standard.com/india/news/jindal-subsidiaries-get-coal-blocks-in-mozambique-for-exploration/421172/ "Jindal subsidiaries get coal blocks in Mozambique for exploration"], ''Business Standard'' (India), January 8, 2011.</ref> Another Jindal subsidiary, [[Jindal Metal and Mining]] "had entered into a joint venture agreement with a Mozambique-based company for prospecting, exploration and mining of coal. This block is estimated to contain thermal coal reserves of around 300 million tonnes." The report did not mention the name of the joint venture partner or the specific coal exploration area.<ref name="J"/>
==Personnel==
