Ad Here  
Doing business is not so easy in Chennai This dabba has a cure for all your ailments Chennai gets its Imax It is not only your noodle... Hawker’s paradise gets a permanent place A new technique to treat dry sewage North Chennai booms Maruti Suzuki wins NIQR award Kollywood’s Mahabharatha Car-free Bessy Metro chugs the green way City Corner Metro chugs through the city Self-sufficiency in dredging... Sathyabhamasat propels ahead Chevrolet Sail U-VA Launched Apollo targets a third of CV tyre market Star studded city Yamaha in the news Book your water tanker Cricket comes calling to Chennai Must visit of 2014 Boozing and driving Chennai Metro looking for revival It’s so cool! Chennai to Bengaluru as quick as pizza delivery Yes, you are safe! When Marina became the Tahrir Square Chennai Silks in flames India’s first online-only bicycle brand The auto gets a remake CMRL takes off till airport Paranjoy on crony capitalism Water wars begin Black outs will be knocked out A praiseworthy peer recognition Safe Trac-keeps track on your safety Meters return to the metro Tamil Nadu Premier League launched How to roast 45 human beings alive Vanakkam Chennaiyin FC He made Ranganathan Street so crowded... Chennai soon to get an Aerospace Park A budget that butted into deficit Indian media-operators of democracy The sunshine and the shadow side of this digital era Green energy, not really green? Google street view’s India competitor Building highs and lows Missing, but not missing the top spot Arnold visits Chennai Pocket Therapist finds mention in Forbes SGRI – a global research centre for building materials Million landmark and Rs. 200 crore influx by Yamaha State VAT leads to inflation: a study The sweet killer Working space for women by woman Is Chennai now the accident capital? When Chennai became Venice Mexico opens Consulate in Chennai Know the start-ups in the city International conference on saving energy, environment K7’s Entrepreneurial Odyssey India’s first 3D Museum The underground don zips through Keep in touch, anytime anywhere Need for an integrated approach to medicine Outlays and outcome – the long gap The worst is yet to come City Corner Frontier Mediville attracts Japanese investments An industry institution link… Chennai, the noisiest city A feast for book worms 377 yet young Bewailing monsoons the new fad When the crowd will miss the roar Technologists to rescue Technology handshakes with sanitation Medical miracle! The curious case of Evgenii Berdnikov Chennai teachers rank low Two friends trigger a change I know nothing else but cinema... Aviation sector to grow three times... Planning the right energy Talk your way and land in a job City Corner - Chennai Water woes Read before you buy... Indian of the Year Tambaram tracks…. From trash land to tourist spot Engineering colleges lose lustre Presto! Bravo! 60 years of cultural and economic ties Chennaites lose 7 crore to debit card frauds Raj Bhavan opened the gates for public Prithika Yashini takes charge... Murugappas-focus on consolidation TTV stumps all Education a cause of concern Nilam threatens the city Chennai airport to become solar-powered The 20-year itch of Hindujas ends A skinny affair Overflowing garbage Hey Chitti! please take my order City Corner-June Ennore Port excels Coimbatore backs up for Chennai Colourful welcome at the Saidapet station Metro mania A sweet marketing splash by Pattappas Online approval of layout plans Thrills for the holiday season Force Motors’ two new SUVs Perplexing communications The sweet tooth of the city Realty bytes Reality Check
The 20-year itch of Hindujas ends
The Hinduja National Power Corporation Ltd (HNPCL) is gearing up to commission the first of the 2x520 MW units in the Visakhapatnam district of Andhra Pradesh. This should be welcome news for the  Seemandhra region, which is presently suffering power shortage. A large portion of capacity of the erstwhile Andhra Pradesh concentrated around Kothagudem- Ramagundam will go for Telengana.
    The Singareni Collieries exploiting the coal belt in that region has been supporting the large power capacity of NTPC and other units.  Hindujas’ foray into power was planned in the 1990s. The group made a serious bid for setting up a 1000 MW unit in Visakhapatnam district in the first flush of enthusiasm after the power sector was  liberalised in the 1990s. But like several other projects that were mooted with great promise like Enron and Jayamkondam, this project was also a non-starter, suffering from coal linkage issues. Power Minister Piyush Goyal has appreciated the importance of this project and cleared the files pending for long.
    The Hindujas have ambitious plans to set up capacity for 10,000 MW with an investment of around $ 10 billion over the next ten years. Meanwhile, Seemandhra Chief Minister Chandrababu Naidu has ambitious plans for massive expansion of power capacity. The Hindujas can leverage this plan of the state to expand capacity in quick time.
Author :
Reported On :
Sector :
Shoulder :
IE, the business magazine from south was launched in 1968 and pioneered business journalism in south. Through the 45 years IE has been focusing on well-presented and well-researched articles. When giants in the industry stumbled to keep pace with the digital revolution, IE stayed affixed embracing technology.
Read more
Economist Communications Ltd is committed to ensuring that your privacy is protected.
Read more
You agree that your use of this Website and the purchase of the magazine will be governed by these terms and conditions.
Read more
S-15, Industrial Estate,
Chennai - 600 032.
PHONE: +91 44 22501236