JSL Stainless enters into power purchase agreement with GRIDCO
JSL Stainless has entered into power purchase agreement with GRIDCO for sale of power from Thermal Power Plant to be set up in the State of Orissa.
January 03, 2011 / 14:17 IST
| JSL Stainless Ltd has informed BSE that the Company has entered into a Power Purchase Agreement with GRIDCO Ltd. (formerly 'Grid Corporation of Orissa Ltd.' which is the nominated agency to act on behalf of Government of Orissa) on December 30, 2010 for sale of Power from the proposed Thermal Power Plant to be set up in the State of Orissa. The Company intents to set up the above thermal coal fired power plant with an installed capacity of 1320 MW at Luni, Dhenkanal in the State of Orissa through a new SPV namely 'JSL Energy Ltd'. | | Source : BSE |
|
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!