Tata Power intends to invest Rs 3,000 crore in distribution as well as
transmission business in Mumbai by 2012.
As per the investment plan, the distribution is likely to require Rs 800
crore in three years and the remaining will be invested in transmission. The
company has already submitted the capex and tariff plan to the regulator and an
approval expected to come shortly.
Also See:
Tata Power
synchronises 250 MW Trombay Unit VIII (30-Mar-09)