Financial Daily from THE HINDU group of publications Wednesday, May 31, 2006 |
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Corporate
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Outlook Tata Power charts Rs 18,000-cr capex plan Our Bureau
Mumbai , May 30 Tata Power Company has drawn up a capital expenditure plan of Rs 18,000 crore on what it called its "significant and aggressive growth plans" to increase its capacity by 4,500 megawatts in four years. This is apart from the funds that would be invested in ultra mega power projects, said Mr S. Ramakrishnan, Executive Director, Tata Power.
Projects
The projects under execution are the just-commissioned 120-MW coal-fired project at Jojobera, a 250-MW expansion project at Trombay, diesel generation sets of cumulative power of 100 MW and two 1,000-MW projects close to each other on the Konkan coast near Rewas in Maharashtra. Also under execution are the 1,000-MW Maithon project for which land acquisition is about 55 per cent complete and the 120-MW captive power project for Tata Steel. The company has submitted its expression of interest for four ultra mega power projects one each in Gujarat, Madhya Pradesh, Maharashtra and Karnataka; and has received requests for qualification documents for the Sasan project in Madhya Pradesh and the Mundra project in Gujarat. Tata Power's international initiatives are a joint investment proposal in Bangladesh with Tata Steel and Tata Chemicals, and its participation in an over 300-MW open cycle gas turbine peaking private power project in South Africa for which it has pre-qualified with its local partners.
More Stories on : Outlook | Power | Tata Power Co. Ltd
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