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Torrent to invest Rs 4600 cr in power projects.

Asia Africa Intelligence Wire

| October 08, 2003 | COPYRIGHT 2003 Financial Times Ltd. (Hide copyright information)Copyright

(From The Times of India)

Byline: Narayan B Bhatt

AHMEDABAD: The Torrent group is investing about Rs 4600 crore in power generation and distribution. The projects to come under the plan are a 1000-MW plus, Rs 3,500 crore plant to be set up by Torrent Power Generation Ltd (TPGL) near Surat and Surat Electricity Co's Rs 1000 crore plus, 156 MW facility at the Dahej Special Economic Zone.

Surat Electricity Co's (SEC) project cost is high as apart from the power generation cost it also includes the investments required for setting up the transmission and distribution network for power supply at the Dahej SEZ, according to company sources. SEC's 156 MW …

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