JSPL inks pact with US firm

Jindal Steel & Power Ltd (JSPL) has tied up with US-based Massey Energy to develop and operate underground coal mines. JSPL will seek Massey’s assistance in domestic projects as well as those in Mongolia, Australia and the US. Jindal will identify projects and obtain licences, permits and approvals from the governments, while the US coal producer will provide technical and mining expertise. Massey will also be responsible for developing detailed plans, and providing technical manpower and project management. JSPL is also bidding for Australian coking coal company Rocklands Richfield and a virgin block in Mongolia. It is putting up a coal-to-liquid-energy project in Orissa. Contact: Jindal Steel and Power Ltd. Tel: 011-2618 8340. Website: www.jindalsteelpower.com