Jindal Steel and Power limited (JSPl) is committed to all its investments for various projects in Odisha.
“We have been receiving excellent support from the people of Odisha. Our projects in the State are strategic to our growth and once these projects attain their full potential, they will be the key drivers of the socio-economic growth of the State and for that matter for the entire country .These projects will contribute for sustainable and holistic development of the people of the State,” said JSPl Odisha project head and Jindal Synfuels limited MD Subrat Ratho.
Ratho, who has recently become the Head of Odisha operations of the JSPl Group, led by its Chairman Naveen Jindal, is now providing leadership support to JSPl’s 6 MTPA integrated steel project, Coal to liquid (CTl) project and mining and port activities in the State. In addition to his current role as Managing Director of Jindal Synfuels ltd, he is leading all the projects of JSPl in the State. Ratho, a former IAS officer of 1986 batch, was the Managing Director of Maharasthra State Power Generation Company limited prior to joining.
He has also served as Principal Secretary, Department of Energy in the Government of Maharashtra. He was credited with establishing a 125MW solar power project on Maharashtra at a single location, in addition to implementing a number of large thermal power projects and facilitating wind-power projects. Besides, he worked with Government of India as Joint Director General of Foreign Trade and Additional Export Commissioner for the Western Zone of India from 1997 to 2002.
The JSPl is investing approximately Rs 50,000 crore in steel production and power generation at Angul. Despite several challenges, the first phase of the project of 2MTPA steel production is nearing and work has been started for second phase of 4 MTPA steel.
Construction of the five out of six units of its power plant of 810 MW capacity has been completed. Jindal Synfuels is developing Naveen Jindal Group’s ambitious Rs 60,000 crore CTl project in Angul, which envisages production of 80,000 barrels of crude oil per day through indirect coal liquefaction technology.