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Jindal Power Limited
Jindal Power Ltd. (JPL) a
subsidiary of Jindal Steel & Power Ltd,
is setting up a 1000 MW OP Jindal Super Thermal
Power Plant at Raigarh, Chhattisgarh, with an investment of over Rs. 4,500
crores. In fact, this is the first mega power project in the private sector
to have achieved financial closure. JSPL with its large experience in
installation, operation and maintenance of thermal power plants is the
Project Management Consultant (PMC) for the project.
In order to reduce the project cost, JPL has decided not to appoint any EPC
(Engineering, Procurement and Construction) Contractor. Instead, it will
place individual orders on various suppliers for major packages. JPL has
also decided not to appoint any O&M (Operations & Maintenance)
Contractor to reduce the running cost of the plant. Instead, it will deploy
its own team to operate and run the plant. In fact, it is the first power
project to have a pit head with its own coal mine.
All these initiatives have enabled JPL to provide lower tariff in the
competitive power sector. This will help in contributing towards achieving
Government of India's goal of 'affordable power for all by 2012'.
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