Tata Power ties up with SBI for a 3,115-cr project

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New Delhi, Feb 7, 2008 : The country"s top private power producer, Tata Power has reportedly tied up with State Bank of India and other banks for raising a Rs 3,115 crore debt to develop a 1,050 mw coal- based power project in Jharkhand.

The 1,050-mw Maithon Right Bank Thermal Power Project is being set up by Tata Power in joint venture with Damodar Valley Corporation.

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