Deal #575

Location #1

Spatial accuracy level
Exact location
Location
Ashna Shuli, West Bengal 721129, India

Latitude
22.5789349
Longitude
87.3083546
Target country
India
Comment on location
West Bengal, West Midnapore, Jhargham; location obtained from Google

Land area

Intended size (in ha)
2023.0
Size under contract (leased or purchased area, in ha)
[2013-01-01] 1740
Size in operation (production, in ha)
[2018-01-01] 61
Comment on land area
(2015)The 294 acres that was bought from the farmers would be given back to them and they won’t be asking for the money that they paid in acquiring the land but the farmers won’t accept the land back and insists the company pursue the steel production

Intention of investment

Intention of investment
Industry
Comment on intention of investment
Shifting to cement production from steel and officially commenced in 2018

Nature of the deal

Nature of the deal
Outright Purchase
Lease
Comment on nature of the deal
the company "had acquired 300 acres [121.4 ha] directly from landowners, without prior approval from the land reforms department" (http://www.business-standard.com/article/companies/salboni-project-west-bengal-govt-gives-ultimatum-to-jsw-113030500686_1.html )

Negotiation status

Negotiation status
Concluded (Contract signed)

Implementation status

Implementation status
[2013-01-01] Project not started
[2018-01-01] In operation (production)
Comment on implementation status
2007: JSW had signed a development agreement for a 10-million tonne steel plant and a 1,620 Mw power plant with the Left Front government - 2011, it insisted on a supplementary agreement. 2016: Jindal sets up cement unit in Salboni aqcuired land. Owners are planning to put up a power plant and set-up a paint manufacturing unit in the future.

Contract farming

Contract farming
No

Number of total jobs created

Jobs created (total)
Yes
Planned number of jobs (total)
1000
Comment on jobs created (total)
Initially, at the construction stage, around 1,000 workers will get employment. Later, when production commences, around 250 people will be absorbed permanently. Another about 600 will be given jobs on contractual basis, said Jindal.

Operating company

Operating company

 

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Data source #1

Data source type
Personal information
Includes in-country-verified information
Yes

Data source #2

Data source type
Media report
File
Date
2008-08-28
Comment on data source
WB approves SEZ status

Data source #3

Data source type
Company sources
File
Date
2013-01-01

Data source #4

Data source type
Media report
File
Date
2011-09-10

Data source #5

Data source type
Media report
File
Date
2013-03-06

Data source #6

Data source type
Media report
File
Date
2013-04-30

Data source #7

Data source type
Media report
File
Date
2014-12-16

Data source #8

Data source type
Media report
File
Date
2015-08-16

Data source #9

Data source type
Media report
File
Date
2015-10-04

Data source #10

Data source type
Media report
File
Publication title
7 years on, Jindal sets up cement unit on Salboni land acquired for his steel plant
Date
2016-01-07
Comment on data source
Source includes information on latest developments on the deal site.

Materialized benefits for local communities

Materialized benefits for local communities
Health
Education
Capacity Building
Other
Comment on materialized benefits for local communities
Cleanliness and Rural Development

Former land owner (not by constitution)

Former land owner
Private (smallholders)

Former land cover

Former land cover
Forest land

Use of produce

Has export
Yes
Export
35

Overall comment

Overall comment
The steel plant was put on hold in December 2014 for cement plant and captive power plant

Nov. 23, 2020, 6:23 a.m.

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May 5, 2020, 3:29 a.m.

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Dec. 11, 2015, 4:28 p.m.

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May 5, 2014, 5:05 p.m.

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April 29, 2014, 4:21 p.m.

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May 13, 2013, 1:20 a.m.

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Feb. 15, 2013, 5 p.m.

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