CESC has tied up funds for its 600 MW Haldia power project. The project is estimated to cost Rs 3,000 crore and the cost of evacuation stands at Rs 300 crore. About 298 acres of land has been acquired for the project and subsequently additional land will be acquired. The project would entail Rs 2,400 crore borrowing from IDBI and ICICI Bank.

CESC, belonging to the RPG Group, is planning to explore the renewable energy segment with a Rs 2,000 crore solar power generation project in Rajasthan. The company has initiated the land acquisition process for the project, which will come up near Bikaner. The plant will initially require 200 acre land, while the requirement could scale up to...

Read complete story >> (You need to login first to read complete story). New User? Register for FREE!