It is reported that the Phase I 540 MW (2x270 MW) thermal power plant being set up by Corporate Power, a SPV floated by the Abhijeet Group is likely to commence power generation by end-2011.

As per report Abhijeet Group is setting up the plant in Chandawa block of Latehar district in Jharkhand. Phase II of the project comprises two units of 270 MW each as well.

As per its agreement with the state government, the company is expected to sell 25 percent of the power generated to Jharkhand.

(Sourced from projectstoday.com)