SN Power

Tata Power inks exclusive JV pact with SN Power

Tata Power inks exclusive JV pact with SN Power

Tata Power Company (TPC), India’s largest private power utility, has signed an exclusive joint venture agreement with SN Power, a Norwegian power company to jointly develop 2,000 MW of projects in India and Nepal under construction or in operation by 2015 and a total of 4,000 Mw by 2020.

Sources reported that the proposed project entails an investment of about Rs 15,000 crore, if calculated at a rate of Rs 5-8 crore per Mw of power generation.


.

Technical View on Stocks
Anil ManghnaniRajat BoseVijay BhambwaniAmbareesh BaligaPrakash GabaSudarshan SukhaniAshwani GujralAshu Madan

Syndicate content



Check out More news from Telecom Sector :: Pharmaceutical Sector :: Auto Sector :: Infrastructure :: Real Estate