146 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 US Fintech Coast Raises $92 Million to Enhance Product Development Genworth Reveals 2023 Cost of Care Survey Findings: Two Decades of Monitoring Long-Term Care Expenses Apple’s Tim Cook and Google’s Sundar Pichai Explored “Deep Partnership” in 2018, Raising Antitrust Questions ExxonMobil, under the ticker XOM, is set to delve into exploration and production (E&P) prospects in Algeria Elon Musk admits X may fail after image glitch Samsung Electronics anticipates a 78% drop in third-quarter profit
