Ad Here  
Vanakkam Chennaiyin FC Online approval of layout plans Keep in touch, anytime anywhere Mexico opens Consulate in Chennai The sweet tooth of the city Engineering colleges lose lustre It is not only your noodle... Indian media-operators of democracy Perplexing communications Presto! Bravo! Chennai airport to become solar-powered From trash land to tourist spot Chennai Silks in flames Bewailing monsoons the new fad Car-free Bessy Indian of the Year Star studded city Frontier Mediville attracts Japanese investments A budget that butted into deficit Chennai Metro looking for revival Maruti Suzuki wins NIQR award A feast for book worms Chennai soon to get an Aerospace Park The auto gets a remake 60 years of cultural and economic ties Murugappas-focus on consolidation Metro chugs the green way International conference on saving energy, environment Know the start-ups in the city City Corner Safe Trac-keeps track on your safety Boozing and driving CMRL takes off till airport Reality Check Chennai teachers rank low Pocket Therapist finds mention in Forbes India’s first 3D Museum The sunshine and the shadow side of this digital era Metro chugs through the city Million landmark and Rs. 200 crore influx by Yamaha India’s first online-only bicycle brand A sweet marketing splash by Pattappas Raj Bhavan opened the gates for public Thrills for the holiday season I know nothing else but cinema... Chennai to Bengaluru as quick as pizza delivery Kollywood’s Mahabharatha Planning the right energy Yamaha in the news Cricket comes calling to Chennai He made Ranganathan Street so crowded... Need for an integrated approach to medicine Education a cause of concern Yes, you are safe! Green energy, not really green? Coimbatore backs up for Chennai Talk your way and land in a job A new technique to treat dry sewage An industry institution link… Must visit of 2014 City Corner - Chennai A praiseworthy peer recognition Prithika Yashini takes charge... Missing, but not missing the top spot It’s so cool! Paranjoy on crony capitalism Realty bytes Google street view’s India competitor Technologists to rescue This dabba has a cure for all your ailments Sathyabhamasat propels ahead The curious case of Evgenii Berdnikov Working space for women by woman City Corner-June Outlays and outcome – the long gap Water woes When Chennai became Venice Tambaram tracks…. Apollo targets a third of CV tyre market Chevrolet Sail U-VA Launched Chennai, the noisiest city Medical miracle! Meters return to the metro Technology handshakes with sanitation The 20-year itch of Hindujas ends When the crowd will miss the roar Colourful welcome at the Saidapet station Tamil Nadu Premier League launched Chennai gets its Imax A skinny affair Chennaites lose 7 crore to debit card frauds TTV stumps all Metro mania Nilam threatens the city Hey Chitti! please take my order When Marina became the Tahrir Square How to roast 45 human beings alive Force Motors’ two new SUVs Book your water tanker Water wars begin City Corner Black outs will be knocked out SGRI – a global research centre for building materials State VAT leads to inflation: a study Self-sufficiency in dredging... North Chennai booms Aviation sector to grow three times... Read before you buy... The underground don zips through Arnold visits Chennai Overflowing garbage The worst is yet to come The sweet killer Building highs and lows Two friends trigger a change Is Chennai now the accident capital? K7’s Entrepreneurial Odyssey Doing business is not so easy in Chennai Ennore Port excels Hawker’s paradise gets a permanent place 377 yet young
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