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JSL signs MoU for power plant

Ratan Jindal led JSL on 6 May 2010 signed an MoU with the Orissa Government for setting up of 1,320 MW (2 X 660) Super Critical Thermal Power Plant (SCTPP) at Luni in Dhenkanal district with an investment of Rs 7,375 crore.

As per the MoU, the company is expected to draw water from the Mahanadi river system for the proposed project. The state government is likely to procure 158 to 185 MW from the project at variable cost.

The company requires around 2,000 acre for the project which is scheduled to be commissioned in 55 months from the date of possession of the land.

JSL to set up stainless steel park in Orissa

February 4, 2010 Leave a comment

The Orissa Government signed an MoU on 4 February 2010 with JSL for setting up a stainless steel park at Kalinganagar where the company is setting up a 1.6 million tonne integrated stainless steel plant. JSL is likely to pump in Rs 704 crore to develop the park.

As per the MoU, JSL is expected to develop, promote and manage the stainless steel park. It will provide internal infrastructure like roads, drainage, water and power and other external infrastructure linkages.

Around 300 acre will be required for the complex and is to be provided by the state government.

Categories: Metallurgy Tags: , , ,
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