JSPL invests Rs 1500 crore to start Monnet Power Project

The 1,050 megawatt (MW) coal-fired power plant under construction is near the JSPL steel plant in Angul, Odisha.

Jindal Steel and Power Limited (JSPL) will invest up to 150 crores in the newly acquired Monnet Power, said Bimlendra Jha, the company’s managing director.