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Budget 2008, Chidambaram
Emco plans hybrid model for selling power
Mumbai: Emco Ltd’s upcoming 540 MW merchant power plant in Maharashtra plans to implement a hybrid model for selling power. Of the total power produced, 50 per cent would be sold on a short-term basis to big industrial consumers and the rest to State electricity utilities on long-term basis. Financial closure for the first phase of 270 MW of the project has already been achieved. A consortium
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