By IANS,
Jamshedpur : Industrial Energy Ltd (IEL), a joint venture between Tata Steel and Tata Power, Wednesday commissioned a 120-MW power plant that will run on waste gas produced by the steel major.
The plant, built at an investment of Rs.490 crore, will supply the entire generated power to Tata Steel to help the company meet its growing power requirements in its Jamshedpur unit, an official statement said.
“We are delighted by the commissioning of the plant. It is another feather in Tata Power’s cap as the project was not only completed in the stipulated time frame, but also is a green power plant, which reiterates our commitment of reducing carbon footprints by generating and providing clean energy,” Tata Power managing director Prasad R. Menon said.
IEL was set up to develop new captive power projects to meet the power requirements of Tata Steel. The company is also developing a 120-MW plant at Jojobera in Jharkhand.