Financial Daily from THE HINDU group of publications
Wednesday, May 31, 2006


News
Features
Stocks
Cross Currency
Shipping
Archives
Google

Group Sites

Corporate - 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

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page



Stories in this Section
REL seeks to ensure gas supply from KG Basin


MARS launches Doxofylline
Monsanto moves SC on Bt cottonseed price order
ICWAI office-bearers
Restaurant chain TGI Friday's plans expansion
Lanco picks up 74 pc in Nagarjuna Power Plant
JSPL close to acquiring Bolivian mines
SCI jt venture proposal with ONGC in limbo?
Nagarjuna Construction aiming at Rs 4,300- cr fresh orders
Hike in tyre prices necessary: JK Tyre
JSW Group bets big on aluminium foray
GE aims to grow eight-fold in India: Immelt
Tata Power charts Rs 18,000-cr capex plan
Tata Coffee to tie up with Beeyu Overseas
Panipat refinery doubles its capacity



The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright © 2006, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line