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Jindal Power Limited

Jindal Power Limited

Jindal Power Limited, subsidiary of JSPL, has set up a 1000 MW O P Jindal Super Thermal Power Plant at Raigarh, with an investment of over Rs. 4500 crore. The last unit was commissioned in the first week of September, 2008.

JPL has planned more hydro & thermal power projects and has an aggressive blueprint to increase domestic Power production to help in contributing towards achieving Govt.of India's goal of "affordable power for all by 2012". JPL has signed an MOU for setting up 2520 MW plant with an investment of over Rs.11, 340 crore in Chhattisgarh and 2640 MW with an investment of over Rs.11, 880 crore in Jharkhand.

JSPL has acquired the development rights for 20 billion tonnes of EL Mutun Iron Ore Reserves in Bolivia , South America. It plans to invest US $2.1 billion in the next few years for mining and setting up of an integrated 1.7 MT Steel Plant, 450 MW Power Plant, 6 MT Sponge Iron and 10 MT Iron Ore Pellet Plant. The project will generate gainful employment for thousands of people and catalyze economic growth for the Republic of Bolivia. This is the largest investment by an Indian company in Latin America and also the largest foreign investment in a single project in Bolivia.

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