Saluja Steel & Power Plans a Captive Power Plant in Jharkhand

Saluja Steel & Power Private Limited (SSPPL) is coming up with a new Captive Power Plant Project at Mohanpur Village, Giridih, Jharkhand - Expansion. The project cost is estimated to be 96 crores.

The project is expected to be completed in two phases. The first phase is expected to be completed by the end of 2024. The project will have a capacity to generate 20 MW of power.

In addition to the above, the project is also expected to have a positive impact on the environment. The captive power plant will use waste heat from the steel manufacturing process to generate electricity. This will help to reduce the company's carbon footprint and improve its environmental performance.

Overall, the Saluja Steel & Power Private Limited Captive Power Plant Project is a positive development for the Giridih district, the company, and the environment.

The project is now in the stage of receiving approvals. The project has received all necessary clearances. By the end of the year 2023, development on the project will have begun.

News By Rahul Yelligetti