Financial Daily from THE HINDU group of publications
Tuesday, May 30, 2006

Cross Currency

Group Sites

Corporate - Announcements

Sajjan Jindal keen to invest in Bengal

Our Bureau

Kolkata , May 29

Mr Sajjan Jindal, Vice-Chairman of the Sajjan Jindal Group, today met the West Bengal Chief Minister, Mr Buddhadeb Bhattacharjee, here and expressed his desire to invest in power generation, road infrastructure and allied steels sectors in the State. Speaking to newspersons after meeting the Chief Minister, Mr Jindal said the group had formed a core team that would interact with officials of the State Government before zeroing in on specific projects in which investments would be made. This process could well take six months to culminate and the quantum of investment could be in the Rs 5,000 crore-Rs10,000 crore range. Mr Jindal said his group's plans to set up an integrated steel plant in West Bengal had been put on hold since there was a question mark on sourcing iron ore from the nearby state of Jharkhand.

Some time ago, the Jharkhand Chief Minister, Mr Arjun Munda, had said that Jharkhand would consider supplying iron ore to steel plants located outside the state only after the requirements of steel plants located within Jharkhand were met.

More Stories on : Announcements | Infrastructure

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
Sajjan Jindal keen to invest in Bengal

IVRCL allots shares to FCCB holders
GM India to launch `mini car' next year
Videocon to raise funds through QIP route
Star not to give DTH signals till July
Panyam Cements debenture issue
Tractorul setback not major: M&M
Provogue eyes acquisitions
UB Group not to outbid competitor for Taittinger
Soros picks up stake in Amtek Auto
TAC to merge with SPIC
L&T plans to spend big on infrastructure projects
Sundram Fasteners plans new units
Shree Renuka in pact with Brazil co
Fuel price hike of Rs 2 inadequate: BPCL
SIDBI Venture picks up stake in Indo Shell Mould
NCC board recommends 1:1 bonus
Branded foods to drive HLL growth
9 new directors on BEL board
Punjab Tractors MD resigns
New Company Secretary for Pricol

The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright 2006, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line