Jai Balaji Industries Ltd is planning to set up a 1215 MW captive thermal power project in Raghunathpur in Puruliya district of West Bengal. The project involves setting up of 2 units of 400 MW and one unit of 415 MW. The project cost is estimated at Rs. 48,600 million. The project is likely to go operational in March 2012. The company will launch this project with the steel plant coming up at the same location. Land for the same has been acquired. Environmental Clearance is awaited and financial closure is also yet to be achieved
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