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Jindal Power plans power project in Nepal

Monday, 24 May 2010
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Jindal Power (JPL) is mulling to set up a hydro power project in Nepal at an estimated investment of Rs 1,500 crore.

JPL plans to set up a 220-MW hydro-power project in Chainpur, Seti, Nepal. The company has secured a licence and currently, due diligence is on in this regard. The company is planning to import the power generated from the proposed plant for India. However, terms and conditions are yet to be finalised.

Also See:

Financial closure achieved for Jindal's Tamnar project (07-Apr-10)

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