ETA Power Generation Ltd plans to invest around Rs 5,200 crore for setting up a 2x660 MW power plant in Tamil Nadu. With this, the group will foray into the power generation business in
For this, the company is currently in the process of acquiring 500 acre in Nagapattinam district for the proposed thermal-based project.
Once the land is acquired which is currently at final stage, the company will opt for project clearance. The power plant is expected to be completed by March 2014 and the second unit would take another six to nine months after the completion of Phase I.
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