Tata ties up with Siemens and Doosan

New Delhi, June 1 (UNI) Tata Power Company Ltd (TPC), a leading private power company, today signed an agreement Siemens Power Generation, Germany and Doosan Heavy Industries and Construction Company Ltd, Korea to bid for the two power projects at Sasan and Madhya Pradesh.

''The formation of this EPC consortium will help in facilitating an excellent technical solution which is also cost competitive,'' Tata Power Director Adi Engineer said.

Last week the company announced plans to augment its generation capacity by over 4500 MW involving investment of Rs 18,000 crore.

TCL has an installed generation capacity of 2300 MW. It has a presence in all areas of power sector-generation (thermal, hydro, solar and wind) transmission and distribution.

The Power Generation Group (PG) of Siemens AG is one of the premier players in the international power generation sector. In last fiscal ended September 30, 2005, the company posted sales amounting to 8.1 billion euros and received new orders totaling 11 billion euros.

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