Videocon to invest $5 billion on building three power projects (Live mint.com 26th Dec 2007)Consumer electronic maker Videocon Industries on Wednesday said it will set up thermal power projects aggregating 5,000 MW in Gujarat, West Bengal and Chhattisgarh along with a international player. The company plans to invest $5 billion on building three power plants. The firm said it would foray into the sector by setting up a 1,600 MW imported coal-based power plant in Gujarat and has invited bids from global EPC contractors for this purpose. More
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