JSW Energy has chalked out a Rs 40,000 crore investment plan to develop 8,000
MW of power projects.
The company is implementing projects worth 3,200 MW in Maharashtra, 1,320 MW
in Chhattisgarh and 1,600 MW in West Bengal. The company is setting up a 860 MW
plant in Vijaynagar (Karnataka) and 130 MW plant in Barmer (Rajasthan). The
company is likely to commission about 2,100 MW of units by December 2010,
including the 1,200 MW plant in Ratnagiri, Maharashtra,
The company which raised about Rs 2,700 crore through an Initial Public Offer
in December 2009, is to utilise the proceeds to fund expansion, repay debt and
for general corporate purposes.
Also See:
JSW
Energy to commission Kutehr hydel project by 2015 (08-Dec-09)