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Jindal Steel and Power Ltd (JSPL) expects to commission its 1,320 MW captive power plant at Godda in Jharkhand by the end of 2016.
The thermal power plant project (2 x 660 MW) will entail an estimated investment of Rs 8,500 crore.
“It will take us 42 months to build the plant. We will require about 1,200 acres of land for the project. So far, we have acquired nearly 50 per cent of the land. There has been 100 per cent consent of the land-owners,” Naveen Jindal, JSPL Chairman, said here on Tuesday at the ground-breaking ceremony, presided over by President Pranab Mukherjee.
Jindal said a part of the coal required for the power plant would be sourced from the Jitpur coal block, 10 km from the project site. He added that the company is in the process of acquiring nearly 1,000 acres of land at the coal block. Jindal pointed out that Jitapur block currently has a reserve of about 65 million tonnes of coal and it could feed the Godda power plant for 15 years. The coal block has received preliminary (Stage-I) forest clearance, he added.
Power generated at the Godda plant is meant for JSPL’s upcoming integrated steel plants at Patratu and Asanboni, both in Jharkhand.
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