Jindal Steel plans to boost power capacity

Jindal Steel plans to boost power capacity

New Delhi/Mumbai: Jindal Steel and Power Ltd plans to raise electricity capacity almost 15-fold in the next 10 years, seeking to benefit from an energy shortage in the country.

The company will build 6,100MW of hydroelectric capacity by 2019, augmenting a plan to add 7,000MW of thermal power by 2015, director Sushil Maroo said.

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