Essar confident of government support for Jharkhand plant project

Eassar group Chairperson Shashi Ruia on Thursday said he is confident that both state and the Centre will support fuel linkage to start the state Jharkhand power project.

"We are now awaiting fuel linkage and are confident that the state and central government will support fuel requirement for the project through the upcoming coal mine auctions and linkages," said Ruia while speaking at the Global Investor Summit in Ranchi.

He said: "Our company has committed for about Rs 10,000 crore investment in Jharkhand for setting up a 1,200MW power plant at Tori in Latehar district and development of Tokisud North Coal Mine with an estimated investment of about Rs 1,100 crore."

"The power project is at an advanced stage of completion, with over Rs 4,700 crore already invested on the ground. Once operationalised, the Power Plant and Tokisud North Coal Mine shall together generate employment to approximately 5,500 people with a direct employment of 1,000 people and indirect employment of 4,500 people.

"Essar's outsourcing business Aegis has set up BPO facility at Jamshedpur with 2,500 seating capacity. I am happy to inform you that we are considering to set up a similar facility at Ranchi which will have 2,000 seating capacity," Ruia added.

--IANS

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