Jindal to set up 2,000 Mw power plant in Gujarat

Ahmedabad: Jindal group announced setting up of 2,000 Mw power plant near Simar port, along the coastline of Gujarat with an proposed investment of Rs 10,000 crore.

We are going to set up an 2,000 Mw power plant along the coastline of Gujarat, probably at Simar with an investment of Rs 10,000 crore,' Assocham President Sajjan Jindal told reporters on the sidelines of Jain International Trade Organisation (JITO) conference here.

'Land has been identified, and the group has applied for various approvals for the power plant in Gujarat, and once that happens the work will commence,' Jindal said.

'Once the work begins the power plant is expected to get commissioned within three years,' he added. He ruled out signing of any further MoU's during the Vibrant Gujarat summit, this year.

'We signed MoU's with the state government last year, so no more further,' he said.