New 1000 MW thermal project from Essar

Essar Power is planning to set up a 1,000 MW with an investment of Rs. 40,000 million in Chattigsarh. The project will have a 2 x 500 MW and the power unit will supply power to its upcoming Essar Steels 3.2 million steel unit in Dantewara. The steel plant will require around 300 MW and the balance will be supplied to the state grid. The project is likely to be completed in 2 years time.