Monday, February 22, 2010
Bajaj Hindusthan to ventures into thermal power generation: "Bajaj Hindusthan, the country’s biggest sugar producer is planning to venture into thermal power generation with an investment of Rs. 60,000 million to generate 1200 MW of power. The company has identified Uttar Pradesh, Rajasthan and Maharashtra to set up plants based on indigenous coal. Its current captive power plant stands at 430 MW and with growing demand, it plans to have a bigger presence in the power sector. It also plans to venture into hydel power and scouting for suitable opportunities."