Essar group committed to Rs 10,000 cr for Jharkhand: Ruia


Essar group committed to Rs 10,000 cr for Jharkhand: Ruia

The Essar group today said it was committed for about Rs 10,000 crore in Jharkhand for setting up a 1,200MW power plant at Tori in Latehar district and development of Toskiud North Coal Mine with an estimated investment of about Rs 1100 crore.

“The power project is at an advanced stage of completion, with over Rs 4,700 crore already invested on the ground,” Group Chairman Shashi Ruia said in his speech at the Jharkhand Global Investors Summit here.

Once operationalized the Power Plant and Tokisud North Coal Mine shall together generate employment to approximately 5,500 people with a direct employment of 1000 people and indirect employment of 4500 people, he said. Read More…

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