Jindal proposes investment in West Bengal

Kolkata, May 29 (UNI) After having to shift the proposed integrated steel plant to Jharkhand, the Jindal Group today proposed an investment of up to Rs 10,000 crore in West Bengal in ancillary steel, infrastructure and power generation.

''We are extremely keen to invest in West Bengal. We have identified power generation, road building and galvanising and cold rolling as the potential areas for an investment between Rs 5,000 crore and Rs 10,000 crore,'' Jindal Group Vice-Chairman Sajjan Jindal told reporters after meeting Chief Minister Buddhadeb Bhattacharjee at the Writers Building.

Mr Jindal said a team of company officials would be in touch with the State Government for finalising the area of investment and drawing the detailed modalities of project.

In reply to a question, Mr Jindal said setting up of an integrated steel plant in West Bengal had been put on hold on the question of availability of iron ore from Jharkhand. The Jindals had to shift the site for their proposed integrated steel plant to Jharkhand from West Bengal after the Jharkhand Government refused to supply iron ore for the project.

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