Thermal
The Group in the recent years in order to diversify from the hydropower sector has taken up the task of exploiting the rich coal resources that exist within the state of Madhya Pradesh. To this effect the company has formed a Joint Venture company with Madhya Pradesh State Mining Corporation Limited (MPSMCL) to undertake coal production and sale of coal from coal block/blocks which might be allotted to MPSMCL. The company has been selected by MPSMCL as a joint venture partner through competitive bidding process. The joint venture has been formed in the name and style of MADHYA PRADESH JAYPEE MINERALS LIMITED.
Nigrie Thermal Project
The 1320 MW Nigrie Thermal project in the Sidhi district
in the State of Madhya Pradesh is expected to comprise
two 660 MW units, each deploying supercritical
technology and is expected to be commissioned in 2012.
This project will be developed by an associate company
of JAL. The Nigrie Thermal Project is expected to
utilize coal from two captive coal blocks, the Amelia
(North) and Dongri Tal – II coal block. We believe that
these coal blocks contain sufficient coal reserves to
fuel the Nigrie Thermal project over the long term. JAL
is expected to develop and mine this coal in a joint
venture with MPSMCL. The joint venture has been allotted
these two coal blocks solely for the purpose of
supplying fuel to our Nigrie Thermal Project.
Captive Thermal Power
The group currently has a Captive Thermal Power generation capacity of 88.5 MW at its cement complex at M.P.
Each of the new cement plants coming up would be having
captive Thermal plants from day one to ensure most cost
effective source of power, taking the total captive
generation to 250 MW by 2010. |