Vedanta Group firm Sterlite Energy has revised the outlay for its proposed power project in
The diversified metal group will now invest over Rs 13,000 crore on the Talwandi Sabo project in the state, making the new 2,640-Mw project the single largest investment by Vedanta in the domestic power sector.
The
Diversified metal conglomerate Vedanta Group, as part of its multi-billion dollar plans in the power space, had bagged the rights to develop a 1,980 (3x660) Mw commercial project in the state in 2008 at an estimated investment of Rs 10,000 crore.
With the
Sterlite Energy (SEL), which has plans to hit the capital market soon to part-fund its expansion plans, is targeting the last quarter of 2012-13 for operationalisation of the first 660-Mw unit of the plant.
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