MoU signed with Government of Jharkhand in January, 2007 for developing a 1,000 MW coal-based power project

• MoU provides for supply of 12% of net power at variable cost and a first right over 25% of the power at a regulated tariff
• Contribution of 6 paise for the energy exported out of the state towards Environment Management Fund
• Application for allocation of land and water has been made to Government of Jharkhand
• Coal linkage application has been made to Ministry of  Coal