We will set up a medical college in Angul under CSR: Naveen Jindal


Bhubaneswar: Jindal Steel and Power Limited ( JSPL) would set up a medical college and power training college along with one vocational college in Odisha under CSR of the company, said Executive Vice Chairman and Managing Director of the JSPL Naveen Jindal.

Jindal who made a courtesy call on Chief Minister Naveen Patnaik at the State Secretariat told reporters that JSPL had not come to Odisha only to set up industries.

At the same time, we want to be the partner in the development process and the progress of the State”, he said.

He informed that JSPL had plans to invest a whopping Rs.1.20 lakh crore in the State. Giving details of JSPLs investment proposals, he said that at the moment, a 6 MTPA steel plant was under construction and the plant would be upgraded to a mega steel cluster with the record steel production capacity of 20 MTPA , a first of its venture in the world.

He said the construction of the proposed Angul integrated steel project with a captive power plant is progressing with a faster pace and would start production by August ,2011.

The captive power plant has already been commissioned, he said.

He reiterated that JSPL would set up its coal to liquid project at Angul ,, first of its kind in the country for which the Central Government has already given green signal with according coal block.

He said that his company proposed to put up a mega industrial park where, small industries would set up their units . The project would provide employment to around 25,000 people majority of whom would be locals, he said.

He has a pat for the local people of Angul and the State Government for extending cooperation in putting up the industrial projects.

He said as part of the corporate social responsibility, JSPL has taken steps to provide adequate compensation to the land losers and is taking steps to the capacity building of the local youth through training to increase their employability skills. To cater to the local needs, he said the company has decided to set up a vocational colege and first power training college at Angul.

Besides, he said, JSPL has decided to put up a medical college and hospital at Angul along with a school to provide quality education, Stating that despite being a industrialists, he was not in favour of destruction of nature and environment and acquisition of fertile Agriculture land for industrial purposes. Out of the lands acquired by his company for the purpose of the steel project, 90 percent are fallow lands.

To a question, he said, his company does not oppose any steel companies desirous to put up steel plants in the country whether it is a multinational company. ” we welcome our competitors”, he said.

(Inpust from dailypioneer.com)

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