Bajaj Hindusthan to add 400MW capacity worth Rs1,600 crore
November 25, 2009
India's largest sugar producer, Bajaj Hindusthan Ltd, has said that it has decided to increase its power generation capacity to 830MW by adding another 400MW of newer capacities.
The power expansion project will cost Rs1,600 crore and is likely to be completed within 20 months. The decision in this regard was taken in the company's board meeting held on Wednesday.
As a part of the power expansion, the company will be setting up five new coal-based power plants of 80 MW capacity each at five locations on the land adjacent to its existing sugar factories. At present the company's overall power capacity stands at 430 MW. -Yogesh Sapkale[email protected]