Jindal Steel & Power Ltd. said its subsidiary Jindal Power Ltd. (JPL), had commissioned the second unit of 600 MW, out of the 4x600 MW expansion project at Tamnar in Raigarh district of Chattisgarh on March 30, 2014. The Tamnar plant is India's first Mega Power Project in Independent Power Plant (IPP).
It has been declared available for commercial operation within a time frame of 28 months from the Boiler Erection stage which is a record for a unit of this size 0 a new benchmark in the power sector in India.
The first unit of 600 MW out of the said 4X600 MW project was commissioned on March 14, 2014. JPL has also informed that 3rd unit of 600 MW is complete and ready for synchronization. The total capacity of Jindal Power has now reached 2200 MW.
The company also said that the third unit of 600 MW was completed and ready for synchronization, while the company plans to commission its fourth unit of 600 MW by October 2014.
Speaking on the commissioning, Jindal Steel and Power's MD & CEO Ravi Uppal said, "The company has achieved this impressive feat by adopting the best practices in project construction, IT enabled and web based Project Management tools and most innovative commissioning methods thereby achieving unprecedented operational efficiencies."
He added, "On completion of the expansion project of (600x4) 2400 MW - JPL will have a total capacity of 3400 MW in Tamnar. We intend to become significant thermal power player in India over the next two years. We have a vision of having installed capacity of 10,000 MW by the year 2020 with a unique approach of amalgamating diverse forms of power including thermal, hydro, solar and wind energy."
At the BSE, Jindal Steel & Power closed Monday's trading at Rs.291.80, up 4.25 percent from the previous close.
| || |
| To receive FREE breaking news email alerts for Jindal Steel & Power Ltd. and others in your portfolio|
by RTT Staff Writer
For comments and feedback: email@example.com