{"id":3735,"date":"2010-07-12T17:22:44","date_gmt":"2010-07-12T21:22:44","guid":{"rendered":"http:\/\/www.orissalinks.com\/orissagrowth\/?p=3735"},"modified":"2010-07-12T17:23:19","modified_gmt":"2010-07-12T21:23:19","slug":"jspl-has-plans-for-1-lakh-crore-investment-in-odisha-including-an-engineering-college-and-a-power-training-institute","status":"publish","type":"post","link":"https:\/\/www.orissalinks.com\/orissagrowth\/archives\/3735","title":{"rendered":"JSPL has plans for 1 lakh crore investment in Odisha including an engineering college and a power training institute"},"content":{"rendered":"<p>Following is an excerpt from <a target=\"_self\" href=\"http:\/\/www.business-standard.com\/india\/news\/jspl-to-invest-in-orissa-for-ctl-project\/101121\/on\">a report in Business Standard<\/a>.<\/p>\n<blockquote>\n<p>&#8230; &quot;After completing the official procedures, we will sign an MoU for the CTL project involving an investment of Rs 42,000 crore,&quot; JSPL Executive Vice-Chairman and Managing Director Naveen Jindal told reporters after a meeting with Chief Minister Naveen Patnaik here this evening.<\/p>\n<p>&#8230;Stating that he discussed with the chief minister the group&#8217;s four projects comprising the Rs 52,000-crore steel plant, a thermal power plant involving Rs 6,600 crore, the Rs 42,000-crore CTL plant and an industrial complex envisaging an investment of Rs 500 crore, Jindal said a total of Rs 1,01,100 crore would be invested in Orissa over the next decade.<\/p>\n<p>&quot;We also discussed (with the chief minister) on our proposal of enhancing steel capacity from 6 million tonne per annum (mtpa) to 12.5 mtpa,&quot; he said, adding the department of steel and mines is likely to list this project for consideration of the task-force by the end of July.<\/p>\n<p>Jindal said, on completion, &quot;about 80,000 barrel of oil per day will be manufactured from the proposed CTL plant.&quot; The project is likely to be listed in next task-force meeting in July itself, he added.<\/p>\n<p>&#8230; Earlier, the Tata Group, in collaboration with Sasol of South Africa, had evinced interest in setting up a similar coal-to-liquid plant in the state.<\/p>\n<p>&#8230; Jindal indicated to set up the unit in Angul district where its steel plant is being built.<\/p>\n<p>JSPL, which had already been alloted a coal block in the state, would complete its proposed CTL petroleum project in eight years, a company executive said, adding about 32,000 would get employment in the project.<\/p>\n<p>&#8230; While many mega industries face difficulties in implementing their MoUs, the JSPL chief said his company got support of the local people in Angul district.<\/p>\n<p>Besides these four mega projects, JSPL is also working on setting up <u>an engineering college and a power training institute<\/u>, Jindal said adding the company is committed to recruit local youths in its plants.<\/p>\n<\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>Following is an excerpt from a report in Business Standard. &#8230; &quot;After completing the official procedures, we will sign an MoU for the CTL project involving an investment of Rs 42,000 crore,&quot; JSPL Executive Vice-Chairman and Managing Director Naveen Jindal told reporters after a meeting with Chief Minister Naveen Patnaik here this evening. &#8230;Stating that [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10,58,609,127,708,106,255,710,66],"tags":[],"class_list":["post-3735","post","type-post","status-publish","format-standard","hentry","category-district-angul","category-anugul-talcher-saranga-nalconagar","category-business-standard","category-coal","category-coal-to-diesel","category-engineering-and-mca-colleges","category-gas","category-jindal","category-industry-steel"],"_links":{"self":[{"href":"https:\/\/www.orissalinks.com\/orissagrowth\/wp-json\/wp\/v2\/posts\/3735","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.orissalinks.com\/orissagrowth\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.orissalinks.com\/orissagrowth\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.orissalinks.com\/orissagrowth\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.orissalinks.com\/orissagrowth\/wp-json\/wp\/v2\/comments?post=3735"}],"version-history":[{"count":0,"href":"https:\/\/www.orissalinks.com\/orissagrowth\/wp-json\/wp\/v2\/posts\/3735\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.orissalinks.com\/orissagrowth\/wp-json\/wp\/v2\/media?parent=3735"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.orissalinks.com\/orissagrowth\/wp-json\/wp\/v2\/categories?post=3735"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.orissalinks.com\/orissagrowth\/wp-json\/wp\/v2\/tags?post=3735"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}