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Malaysian company wins contract for RM5.48 BLN PROJECT in India 3 NEW DELHI
Published in Saudi Press Agency on 26 - 07 - 2007

fired power plant and the first phase was expected to be completed in 48 months, while the second phase was targeted to begin after the commissioning of the first phase.
Yearly, about two million metric tonnes of coal would be needed to power the plant and AGC's plans to import the fuel from its own coal mines in Sumatra, in Indonesia.
The company had also set up a special-purpose vehicle, AGC Power (India) Pte Ltd, to spearhead the project in Andra Pradesh, home to about 60 million Indians and investment-friendly state in the southern belt of India.
"It is great challenge for us as a Malaysian company but with our experience and expertise we managed to get this project.
"We also like to invite other public-listed companies from Malaysia to join us," he said.
India is the third largest producer of electricity in Asia with an installed capacity that has rose from 1,362 MW in 1947 to about 115,545 MW in 2005.
Yet, this production is inadequate to meet the colossal demand and frequent power outages have become a seasonal nightmare in many parts of India -- especially during peaks hours in summer.


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