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Essar Power plans 1,200 MW power plant in Jharkhand

Tuesday, 21 Aug 2007
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Essar Power (Jharkhand) (EPJL), part of Essar Power Holdings is setting up the a 1,200 MW (2x600 MW) coal-based power plant at Chakala in Jharkhand, with an investment of Rs.5,000 crore.

Land for the project has already been identified and the process of land acquisition is underway. The company is in the process of completing a detailed project report and financial closure for the project is expected by March 2008. EPJL has been allotted a coal mine in Chakala, which has a reserve of over 100 million tonnes

Work on the project is scheduled for completion within a period of four years.

Also See:

Essar Power to invest Rs.13,000 crore in XI Plan (28-Feb-07)

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