JSW Group To Develop 900 MW Pumped Storage Hydel Power Project

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JSW Energy

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The JSW Group has expressed interest to develop a 900 MW pumped storage hydel power project and a state of the art rolling shop for steel in West Bengal, company chairman Sajjan Jindal said on Wednesday.

He made the announcements at the Bengal Global Business Summit’s inaugural session, which was organized by the state government.

We are actively seeking a 900 MW hydro-pumped storage project. Jindal stated that this will provide clean energy for the state and that he hopes to be nominated by the state government to receive the prestigious project.

He expressed interest in setting up a West Bengal pumped storage energy project in 2019.

The West Bengal government decided to build the third pumped storage plant at Bandhunala, Purulia under the PPP model.

Jindal stated that JSW had ordered a green-field cement mill near Salboni. “We are also exploring the possibility of investing in a Kolkata-based roll shop that will cater for the steel industry.” Production capacity will increase from 2.4 million tonnes per annum to 3.6 million tonnes per annum. This capacity increase is part of the company’s commitment in strengthening its presence in eastern India.

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The company plans to open a Salboni paint manufacturing plant later.

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