Jindal Steel & Power (JSPL) announced that Jindal Power (JPL), a subsidiary of the company, has commissioned the second unit of 600 MW of the 4x600 MW expansion project at Tamnar in Raigarh district of Chattisgarh.
The Tamnar plant is the country's first Mega Power Project in IPP (Independent Power Plant).
It has been declared available for commercial operation (COD) within a time frame of 28 months from the Boiler Erection stage which is a record for a unit of this size, a new benchmark in the Power sector in India.
Ravi Uppal, MD & CEO, JSPL, said, ''The company has achieved this impressive feat by adopting the best practices in project construction, IT enabled and web based project management tools and most innovative commissioning methods thereby achieving unprecedented operational efficiencies.''
Shares of the company gained Rs 11.9, or 4.25%, to settle at Rs 291.80. The total volume of shares traded was 379,089 at the BSE (Monday).