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Mr. Naveen Jindal
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Though a challenging year globally, we have successfully managed in consolidating our position nationally as well as internationally.
With the commissioning of the 1000 MW Thermal Power Plant in Raigarh (Chhattisgarh), we moved decisively in the direction of realizing Government of India’s goal of “Power for All”. The independent power plant is now generating power at its full capacity.
We are also setting up a 2400 MW (4x600 MW) power project with an investment of Rs. 13,410 crore in Chhattisgarh. This project is expected to be completed by 2013.
Projects under implementation include:
- 2400 MW coal based power project in Tamnar, Raigarh, Chhattisgarh
- 1320 MW coal based power project in Dumka, Jharkhand
- 660 MW coal based power project in Godda, Jharkhand
- 4000 MW hydroelectric power project in Etalin, Arunachal Pradesh
- 500 MW hydroelectric power project in Attunli, Arunachal Pradesh
- 1600 MW hydroelectric power project in Subansiri Middle, Arunachal Pradesh
The projects in Arunachal Pradesh are being developed through joint ventures with Hydro Power Development Corporation of Arunachal Pradesh Ltd. (HPDCAPL)
Further, the company plans to expand the generation capacity through the construction of the following projects:
- 2640 MW coal based thermal power project in Jharkhand
- 1320 MW coal based power project in Angul, Odisha
- 220 MW hydroelectric power plant in Chainpur Seti, Nepal
Jindal Power Limited has achieved robust growth in its financial results for the year ending March 31, 2009. Net Sales were at Rs. 3,257 crore and Profit after Tax at Rs. 1,581 crore. Our gross generation was 6369 million units.
Despite such gains, I would like to assure you that this is just a humble beginning as we move on the trajectory of growth, involvement and commitment. I wish to record my appreciation to all for their contribution towards the growth of the company and look forward to take on new challenges and scale new heights of achievement in future.
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