JSW and Torrent Power receive EAC approval for coal plants
pre-market1 source ↓written by the desknot a recommendation
- West Bengal
- ₹14,070 cr
- earmarked for environmental
- ₹2,547.5 cr
The Expert Appraisal Committee has granted environmental clearance for two 1,600 MW coal-based projects by JSW Thermal Energy and Torrent Power. Each project will consist of two 800 MW units and utilize domestic coal under the SHAKTI policy. The total investment for JSW's project in West Bengal is ₹14,070 cr, with ₹2,547.5 cr earmarked for environmental measures.
This approval is significant as it supports the expansion of coal-based energy capacity in India, potentially impacting energy supply and pricing in the sector.
Not investment advice. For informational purposes only.