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ETA mulls power plant in Tamil Nadu

Tuesday, 27 Apr 2010
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ETA Power Generation, a part of the ETA Ascon Star Group, is likely to set up a 2X660 MW thermal power plant in Nagapattinam district of Tamil Nadu, at an investment of Rs 5,200 crore.

The company is in the process of acquiring 500 acre in Nagapattinam for the project. While the Unit I of the project is slated to be completed by March 2014, the Unit II will be completed in six to nine months after the completion of the first unit.

The company is holding talks with Power Trading Corporation to sell the power generated from the proposed plant.

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