Sterlite Industries (SLT) Announces 150-MW Power Generation Expansion in India
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Sterlite Industries (India) Limited subsidiary (NYSE: SLT) announced that they are investing Rs. 865 Crore on a 150-MW power generation capacity expansion.
Wind-farms will be located in Rajasthan, Maharashtra, Karnataka and Tamil Nadu.
From the release:
"The Project will be completed in two phases. The first phase of 50 MW will be completed by the end of Q4 FY 2011.
The second phase of 100 MW will be completed by the end of Q2 FY 2012.
Post the expansion, the Company’s wind power generation capacity will increase to around 275 MW."
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Wind-farms will be located in Rajasthan, Maharashtra, Karnataka and Tamil Nadu.
From the release:
"The Project will be completed in two phases. The first phase of 50 MW will be completed by the end of Q4 FY 2011.
The second phase of 100 MW will be completed by the end of Q2 FY 2012.
Post the expansion, the Company’s wind power generation capacity will increase to around 275 MW."
Get immediate access to market moving news and alerts with StreetInsider.com Premium - FREE TRIAL!
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