News APP

NewsApp (Free)

Read news as it happens
Download NewsApp

Available on  gplay

This article was first published 18 years ago
Rediff.com  » Business » AES to invest $1.2 bn in Chhattisgarh plant

AES to invest $1.2 bn in Chhattisgarh plant

Source: PTI
March 03, 2006 17:12 IST
Get Rediff News in your Inbox:

American power major AES Corporation on Friday said it would invest $1.2 billion to develop a 1,000 MW coal-fired power plant in Chhattisgarh.

The company has signed a memorandum of understanding with the Chhattisgarh government in this regard, a company release said on Friday.

Upon operation, the plant would supply electricity to power deficit states in the country, it said.

AES would also have the right to develop this project, which will be integrated with a captive coalmine, it said.

AES India has begun a feasibility study to identify the specific location and other requirements for the project.

Get Rediff News in your Inbox:
Source: PTI© Copyright 2024 PTI. All rights reserved. Republication or redistribution of PTI content, including by framing or similar means, is expressly prohibited without the prior written consent.
 

Moneywiz Live!