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Tata Power to foray into nuclear power sector

Thursday, 09 Aug 2007
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Tata Power Co is planning to foray into nuclear power sector and is awaiting for approval from the Union government.

It is learnt that Tata Consulting Engineers will also be associated with the nuclear sector and Tata Power is likely to partner Areva SA for the proposed projects.

Tata Power has a capital expenditure plan of Rs.2,600 crore for 2007 and Rs.10,000 crore till 2010. By 2012 the company is expected to produce 10,000 MW of power. In the wind sector too Tata Power plans to add another 40 MW and is expanding its footprint to states such as Karnataka and Gujarat. Currently Tata Power has two wind farms in Maharashtra with a combined capacity of 45.1 MW.

Also See:

TPC acquires power plant from Hooghly Met Coke & Power (18-Jul-07)

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