Sajjan Jindal, Managing Director of JSW Energy, said: We plan to become a 12,000 MW company by 2015 . At present our power generation capacity is 800 MW. We are setting up a 4×800 super critical thermal power plant in Ratnagiri at a cost of INR150 billion.
During the same period, the company has planned for a capital expenditure of INR60 billion to generate 2,000MW of power by the end of the financial year 2009.
During fiscal 2009, the company is expected to commence a 300MW unit of the Ratnagiri power project in Maharashtra, 600MW power project in Karnataka, and a 300MW unit of the Barmer project in Rajasthan.
Sajjan Jindal added that another power plant at Barmer would commence its operations in fiscal 2009, with a generating capacity of 1,080MW.
