Sajjan Jindal to invest Rs 15000 cr in Bengal

Kolkata, Sept 21 (UNI) Steel baron Sajjan Jindal today announced plans to invest around Rs 15,000 crore in three projects in West Bengal.

Mr Jindal, vice-chairman and managing director, JSW Steel, told reporters here that his group would invest around Rs 10,000 crore for a four million ton capacity steel plant over 5,000 acre of land at Kharagpur.

Mr Jindal, who met West Bengal Chief Minister Buddhadeb Bhattacharjee at the Writers' Buildings, said his group would later raise the steel making capacity at Kharagpur to 10 million ton.

He said his group would also set up a 1,000 MW power plant at an investment of Rs 4,000 crore in Birbhum district.

An additional Rs 1,000 crore would be spent for coal mines in the state, he said.

Mr Jindal also asked the Chief Minister to take up the matter of iron ore exports from India with Prime Minister Manmohan Singh.

He alleged that iron ore was being exported from the country and value added in another country and again sent to India for consumption resulting in loss for the country as a whole.

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