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Home News Power Sector News MoEF nod to Jindal's Kerjang Power plant

MoEF nod to Jindal's Kerjang Power plant

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JSPLJindal Steel and Power Limited's, Kerjang based 6 million tonnes per year capacity steel plant and 1,000 MW captive power plant have been given a go ahead by the environment ministry. Although the ministry has stipulated conditions that the firm will assign 2% of its net profit for corporate social responsibility and expand a green belt on 33%of the allocated area.

Following an objection from a NGO about the project at Angul, the ministry had issued a show cause notice to the company last November under Section 5 of the Environment (Protection) Act, 1986.

The Environment ministry has also asked it to preserve water, make use of bricks made from fly ash, harvest rainwater and trim down emissions.

"The company will act in accordance with with all instructions given in the Ministry of Environment and Forests communication," the ministry said.

In order to establish a 12.5 million tonne integrated steel plant and 2600 MW captive power plant the company is scheduling to put in Rs 50,000 crore.

With an aim to create an estimated 80,000 barrels per day (4.0 MMTPA) crude oil using eco-friendly indirect coal liquefaction technology from M/s. Lurgi of Germany the power firm is in addition planning to spend an estimated Rs 45,000 Crore on the coal to liquid project in the state.

Source- one india


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