Jindal Steel and Power (JSPL) is looking to sell its entire stake in the 1,800-MW Kamala hydro electric power project in Arunachal Pradesh. The company has equity interests in three hydroelectric projects, including the Kamala project in Arunachal Pradesh through Jindal Power. The other two are the 3,097-MW Etalin project and the 680-MW Attunli project.
These three ventures, with a combined projected capacity of 6,100 MW, were to be developed by Jindal Power through three separate 74:26 joint ventures with Hydro Power Development Corporation of Arunachal Pradesh (HPDCAPL).
JSPL is a part of Jindal Group and is a leading player in Steel, Power, Mining, Oil & Gas and Infrastructure. The company produces economical and efficient steel and power through backward integration from its own captive coal and iron-ore mines and passes on the benefits to its customers.
