Wednesday, May 29, 2024
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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.

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