Thursday, January 15, 2009

Power Plans

Power Plans - BusinessWorld

Tata Power Trading Co., a wholly-owned subsidiary of Tata Power Company, has signed a power purchase agreement (PPA) with Chennai-based Spice Energy group to purchase the entire output from its upcoming 2,000-MW power project in Cuddalore in Tamil Nadu. “We are setting up a coal-based thermal power plant and have concluded the PPA with Tata Power,” says D. Sundararajan, CEO of SRM Energy, a Spice Energy group company.

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