Jindal India Thermal Power Ltd (JITPL) is currently working on setting a 1200 MW thermal power plant. This plant is worth Rs 5961-crore, and will be set up at Derang, near Angul in Orissa, the company plans to commission this project by 2012.
Currently the construction of the boundary wall and ground leveling is being carried out, technical investigations such as soil testing has been already completed.
Previously the company had set a target to complete the project by 2013, but now it is optimistic that they will be able to commission the project by 2012.
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