Jindal Power, a subsidiary of Jindal Steel & Power is planning to set up hydro power plants in Tajikstan. At present, the company is executing three hydro power projects in the Northeastern state of Arunachal Pradesh, at Etalin, Atunnli and Kamla.
The company is also planning to buy hydro power projects of about 100 or 200 MW capacities and is also in talks with some companies. Jindal Power is aiming 10,000 MW of thermal generation capacity by 2020.
The company, which currently has 1,000 MW of coal-based capacity, is likely to add around 7,000 MW of the new capacity in India either by setting up new plants or acquisitions, while the remainder will be developed overseas, mostly in Africa.
