New Delhi: Tata Power has forayed into Myanmar and has begun feasibility studies to set up a coal-fired power station there. The project is expected to be commissioned in 2019-20. This would be the first project by the Tata Group Company in the South-East Asian nation.
“Yes, Tata Power has executed a memorandum of understanding (MoU) with the Government of Myanmar for setting up an imported coal-based power plant,” a senior company official told Business Line.
The Rs 19,399-crore Tata Power is aggressively looking to expand its portfolio overseas. At present, it is building hydro electric projects in Bhutan, Georgia and Zambia. The firm is also developing two wind power projects in South Africa.
In Myanmar, the power plant is proposed to be located in Ngayok Kaung, Ayeyarwaddy region, and would have captive coal berthing arrangements. The Tata Power official did not divulge the capacity of the power station. “The capacity would be finalised based on the feasibility studies. The power plant is estimated to be commissioned in 2019-20,” the official said.
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