The
1000
MW Nigrie
Thermal
project
in the
Sidhi
district
in the
state
of Madhya
Pradesh
is expected
to consist
of two
units
of 500
MW each.
We intend
to utilize
supercritical
technology
in each
of the
units.
The
project
is expected
to commence
operations
by 2012.
The
Nigrie
Thermal
project
is expected
to utilize
coal
from
two
coal
blocks,
the
Amelia
(North)
coal
block
and
the
Dongri
Tal
II coal
block.
With
respect
to Amelia
(North)
coal
block
, JAL
and
MPSMCL
have
entered
into
a joint
venture
agreement
dated
January
27,2006
pursuant
to which
Madhya
Pradesh
Jaypee
Minerals
Limited
(MPJML),
the
joint
venture
company
, is
expected
to mine
and
produce
coal
for
our
Nigrie
Thermal
project.
MPSMCL
has
issued
a letter
of intent
to JAL
dated
June
11,
2007
for
developing
the
Dongri
Tal
II coal
block
through
a similar
joint
venture
agreement.