The joint venture further aims to have a total of 4,000 mw hydropower capacities in the region by 2020. They have already begun pursuing potential opportunities based on the vast reserves of renewable energy in the Himalyas.
Friday, October 30, 2009
Tata Power enters into JV with SN Power
Tata Power has entered into an exclusive joint venture agreement with a Norway-based power
company SN Power, to generate around 2,000 mw hydropower projects in India and Nepal at over Rs 15,000 crore.
The joint venture further aims to have a total of 4,000 mw hydropower capacities in the region by 2020. They have already begun pursuing potential opportunities based on the vast reserves of renewable energy in the Himalyas.
The joint venture further aims to have a total of 4,000 mw hydropower capacities in the region by 2020. They have already begun pursuing potential opportunities based on the vast reserves of renewable energy in the Himalyas.
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