Sterlite raises Rs 10,000 cr for Talwandi Sabo plant

Press Trust of India
Friday, Dec 04, 2009
Chandigarh: Vedanta Group company Sterlite Energy has arranged Rs 10,000 crore for setting up the Talwandi Sabo thermal power plant in Punjab that is expected to be commissioned by 2012. “The company (Sterlite) has completed its formalities with regard to the financial closure of 1,980-mw Talwandi Sabo power plant as it has tied up with funds,” a senior official of Punjab State Electricity Board (PSEB) said. The company has already placed engineering, procurement and construction order worth Rs 500 crore.