Speaking at the inauguration of the Bengal Global Business Summit (BGBS) 2025, Jindal said the company plans to double its capacity in the future with an additional investment of a similar scale.
By PTI February 6, 2025, 12:02:05 AM IST (Published)
JSW Group Chairman Sajjan Jindal on Wednesday announced an investment of ₹16,000 crore to develop a 1,600 MW power project at Salboni in West Bengal.
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Speaking at the inauguration of the Bengal Global Business Summit (BGBS) 2025, Jindal said the company plans to double its capacity in the future with an additional investment of a similar scale. He said that the group will invest and facilitate an industrial park project and infrastructure development at Durgapur airport.
JSW has a cement grinding facility at Salboni where the company holds a huge land bank. JSW Energy, in an exchange filing, said it has secured an order to develop the 1,600 MW greenfield thermal power project under a competitive bidding process conducted by the West Bengal State Electricity Distribution Company Ltd (WBSEDCL).
The company has received a Letter of Award (LoA) from WBSEDCL for the development and operation of a 1,600 MW (2×800 MW) super/ultra-supercritical domestic coal-based thermal power plant.
With this, JSW Energy’s total locked-in generation capacity has reached 30 GW, with thermal power contributing 9 GW. The company aims to achieve its 20 GW generation capacity target well before 2030. JSW Energy, part of the $24 billion JSW Group, is one of India’s leading private-sector power producers.
Source : CNBCTV18