Jindal Power, promoted by Jindal Steel & Power has achieved full load capacity for first unit of 600 MW of the 600X4 MW expansion project to its existing 1,000 MW power plant at Tamnar in Raigarh District of Chhattisgarh.
The project envisages a total investment of approximately $2 billion, the company said in a release today.
Jindal Power has already synchronized second unit on 22nd February, while third unit is in the advanced stage of synchronization.
"On completion of the expansion project of (600X4) 2400 MW-JPL (Jindal Power) will have a total capacity of 3,400 MW in Tamnar. We intend to become a significant thermal power player in India over the next two years," Managing Director and Chief Executive Officer Ravi Uppal of Jindal Steel was quoted as saying.
Jindal Power, a flagship company of Jindal Steel & Power has a vision of having installed capacity of 10,000 MW by 2020 with a unique approach of amalgamating diverse forms of power in thermal, hydro, solar and wind.