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Chennai, Nov. 16

Jindal Photo Ltd has informed the BSE that the company has received a letter from the Ministry of Coal contemplating allocation of coal in Orissa jointly with two other parties. Accordingly, the company has decided to set up a power plant. In the first phase, 600 MW shall be set up, which will be expanded over 1,000 MW in the second phase. The company is taking necessary steps for implementation of the power project.

- Our Bureau

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