91 Jindal Steel and Power Limited (JSPL) has announced plans to invest 1,500 crores (approximately 200 million dollars) to make the Monnet Power project operational. The project, located in the eastern Indian state of Odisha, has been non-operational for several years due to financial issues. The investment will go towards modernizing and upgrading the plant, which has a capacity of 1,050 MW. The project is expected to provide a boost to the state’s economy and create new employment opportunities. JSPL is confident that the revival of the Monnet Power project will be a success and will contribute significantly to the company’s growth. You Might Be Interested In Developing an AI-Powered Culture to Embrace Artificial Intelligence Apple in Mumbai: Tim Cook inaugurates first store in India Revenue to drop 5-6% on weak overseas demand: Report Online Bingo’s Financial Prospects Explored Crypto Tycoon Sam Bankman-Fried Convicted of Fraud and Money Laundering in Landmark Trial Samsung Electronics anticipates a 78% drop in third-quarter profit
