Naveen Jindal-promoted Jindal Power Limited is setting up a 1,000 MW power plant with an investment of Rs 4,500 crore at Raigarh in Chattisgarh. The other company, Jindal Steel and Power limited is also investing Rs 1,900 crore in various projects like rail and universal beam mill, aluminum plant at Raigarh. In a press conference here today, MoUs were signed between Jindal and Chief Minister of Chattisgarh Ajit Jogi. Another Company, Monnet Ispat Limited also signed an MoU with the state government for putting an investment of Rs 1,200 crore for expanding sponge iron capacity, captive power generation and development of coal mines.