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NTPC eyes Tungabhadra Steel hydel power project
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Saturday, 17 Nov 2012
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To refocus on hydropower after recent setbacks, Mr Arup Roy Choudhury CMD of NTPC said that NTPC Ltd may buy state owned Tungabhadra Steel Products Ltd’s 204 MW hydel power project.

According to the department of public enterprises, Tungabhadra Steel was set up as a JV between the state governments of Karnataka and Andhra Pradesh, which later became a central public sector unit in 1967 with the central government acquiring a 50.5% stake in the company.

Source - Mint

(www.steelguru.com)

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