Jindal Steel and Power today said its subsidiary Jindal Power has got environmental clearance for construction of 2,400 MW expansion project at Tamnar, Chhattisgarh, from the state environment authority.
"The Chhattisgarh Environment Conservation Board ( CECB) has granted consent to establish the expansion project of 2400 MW today," the company said in a statement.
It added that the green clearance will end the long wait for the implementation of the project, which was earlier scheduled to come up March, 2012.
"Due to the unreasonable delays in getting environmental clearances (EC), the project has been delayed for more than one and a half years," the statement said.
Without giving any time line of beginning the construction, the statement further said, "finally the construction work will be started on 2400MW Power Plant of Jindal Power Limited, (JPL) at Tamnar, Chhattisgarh".
Jindal Power currently operates 1,000 MW at the site. Early this year, the company had got the green clearance from Ministry of Environment and Forest for the 2,400 MW project in two phases. The project was later cleared by Ministry of Coal, which has also approved coal linkage for half of the capacity (1,200 MW).
Financial closure of the project was achieved in March, 2010, the statement said, adding that Jindal Power has already placed orders for 4 units of 600 MW with BHEL in early 2009.
The main plant of the expansion project will be constructed within the 360 ha area, in which present 1,000 MW plant is running.
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