Ispat Industries Limited has signed a memorandum of understanding (MoU) with the Jharkhand government for a 1980MW coal-based power plant having six units, each with a capacity of 330 MW at Govindpur-Kara area in Khunti district with an investment of Rs 8,000 crore.

<tr><td><p class='TableClas'></p><P class='TableClas'> <DIV CLASS=rightDiv><script language="JavaScript">
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		<script type="text/javascript" src="http://pagead2.googlesyndication.com/pagead/show_ads.js">
		</script> </DIV><p class='TableClas'>According to president (legal) of Ispat Industries, Hemant Kumar, Ispat would need 2,000 acres for setting up the power plant. 
</p><p class='TableClas'>Jharkhand assured help to expedite the process of land acquisition and coal block allocation. Ispat had a 3.5 million ton steel plant at Dolvi in Maharashtra and smaller steel plants at Nagpur in Maharashtra), Balasore in Orissa) and Nalagarh in Haryana. 
</p><p class='TableClas'>The Ispat Industries team called on the state industries secretary K R Khandelwal to get assistance from the Jharkhand government for setting up a commercial production unit. </P></p></table>


Ispat to build 1980MW Jharkhand power unit

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