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Jindal Steel Chhattisgarh Ltd (JSCL), a subsidiary of Jindal Steel & Power, has signed a significant Memorandum of Understanding (MoU) with the Chhattisgarh government to invest ₹75,000 crore in large-scale industrial projects.
The investment will support the development of a 500 MW solar power plant, a 2,400 MW thermal power plant, and a steel facility with a capacity of 7.5 million tonnes per annum (MTPA). These projects aim to boost the state's infrastructure and energy capabilities while generating substantial local employment.
The MoU was signed in Raipur in the presence of Chief Minister Vishnu Deo Sai, who highlighted the state’s ongoing reforms to attract and accelerate industrial growth. Chhattisgarh’s new industrial policy has implemented over 350 reforms, making it easier for businesses to invest and operate.
JSCL Executive President Pradeep Tandon noted that the projects are designed to strengthen the state's economy and create job opportunities across sectors. The company’s plans reflect a long-term commitment to the region’s industrial and economic development.
This strategic partnership is expected to play a key role in enhancing Chhattisgarh’s position as an emerging hub for energy and steel production.
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