Coal block deallocation: JSW’s plant may get delayed

JSW Steel’s plans to set up a 3 million tonne steel plant in West Bengal is likely to get further delayed following the government decision to deallocate Gourangdih ABC coal mine, allotted jointly to the Sajjan Jindal-led firm and Himachal EMTA Power Ltd.

A senior JSW official said that coal from the deallocated Gourangdih block was supposed to feed a 300 MW captive power plant for the proposed steel project in West Bengal and construction activities at Salboni — the plant site– was supposed to begin in next one or two months.

However, post deallocation, the company will be left with no coal for the proposed power plant and would have to rework its project development plan, the official said.”This could lead to further delay and escalate project cost,” he said….
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Amit Antil

After doing Power Management (MBA) from National Power Training Institute (NPTI), Amit Antil is now presently working with Today Green Energy Pvt. Ltd. and looking after business development activities for Solar. Earlier he was associated with leading power trading company Global Energy for 3 years. He has a sound knowledge about bidding, power trading, open access, REC trading, Govt. Liaisoning, Contract Negotiation, Power Purchase Agreement.

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