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Saturday, December 05, 2009 (09:03:47) |
| Tags : business, Jindal group, thermal power, steel |
Salboni thermal power plant's construction to begin mid-2010 |
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| Kolkata: Jindal SW Energy, a part of the Sajjan Jindal-led Group, will begin construction of the 1,600 MW thermal power plant in West Bengal's Salboni by the middle of next year, a company official said here on Friday.
Jindal SW Energy's senior vice-president Rajesh H. Ashe told mediapersons that the company has already got all the clearances, including environmental nod, as also water and coal linkages for setting up two 800-MW units.
The captive plant is to be commissioned in August 2015. A steel plant being constructed by Jindal SW Steel in the same plot of land will draw power from the plants.
Seventy five percent of the funds would come from debt, and the rest from the company's equity. Jindal SW Energy will float IPOs for the debt. (IANS) |
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