GMR lines up Rs 10,000 cr for nuclear power project
GMR energy plans to invest over Rs 10,000 crore in setting up a 2,000-3,000 MW nuclear power plant in the country in the next 5-7 years, a company executive said on Thursday.
By PTI |
NEW DELHI : GMR energy plans to invest over Rs 10,000 crore in setting up a 2,000-3,000 MW nuclear power plant in the country in the next 5-7 years, a company executive said on Thursday.
���We have held talks with equipment as well as fuel suppliers and will firm up a plan in the next one year,��� GMR energy executive vice-president Avinash R Shah said. GMR energy is a unit of GMR Infrastructure.
Mr Shah said the company has hired very experienced people from state-owned nuclear power corporation, including former chairman and MD MR Srinivasan, for its nuclear foray. ���Right now it is at planning and preparation stage. In the next six months to one year, we should have a broad plan in place,��� he said.
GMR is in talks with equipment and fuel suppliers in France, United States and Korea for the power plant, he said. ���We may get a strategic partner (with nuclear technology) but I cannot say anything more now.���
He also said GMR Energy, which currently has 800 MW of thermal power generating capacity, may list in the next 1-2 years.
���We have held talks with equipment as well as fuel suppliers and will firm up a plan in the next one year,��� GMR energy executive vice-president Avinash R Shah said. GMR energy is a unit of GMR Infrastructure.
Mr Shah said the company has hired very experienced people from state-owned nuclear power corporation, including former chairman and MD MR Srinivasan, for its nuclear foray. ���Right now it is at planning and preparation stage. In the next six months to one year, we should have a broad plan in place,��� he said.
GMR is in talks with equipment and fuel suppliers in France, United States and Korea for the power plant, he said. ���We may get a strategic partner (with nuclear technology) but I cannot say anything more now.���
He also said GMR Energy, which currently has 800 MW of thermal power generating capacity, may list in the next 1-2 years.
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