Essar Power to setup a plant in Chhattisgarh
June 20th, 2006 Leave a comment Visited 31 times, 2 so far today
Essar Power to setup a plant in Chhattisgarh
Essar group officials have said that the company is planning to setup a 1,000 MW coal-fired power plant in Chhattisgarh.
This plant would be setup with an investment of Rs 4,000 crore. H S Sethi, Resident Director of group company Essar Steel (Chhattisgarh) said in a statement on this new development: “We have decided to construct a 1,000 MW power plant in Korba district with an investment of Rs 4,000 crore.”
He added that this upcoming plant would have two units of 500 MW each and would supply electricity to Essar Steel’s upcoming 3.2 million tonnes steel plant in Dantewada district.
Their steel plant is located about 450 km from the state capital. This plant has already seen the company investing around Rs 6,500 crore.
Essar expects this new power plant to be operational within two years, before the commissioning of the steel project.
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