Jindal Photo gets allocation letter

Jindal Photo Ltd has informed that the Company has got letter from the Ministry of Coal, Government of India contemplating to make allocation of coal in the State of Orissa jointly with two other parties.

Accordingly the Company has decided to set-up Power Plant. In the first phase, 600 MW of Power Project shall be set-up, which will be expanded over 1000 MW in the second phase.

The Company is taking necessary steps for implementation of the Power Project.