- Power project with NRI equity commissioned in Andhra

  • 05/04/1998

The second of country's eight "fast track" power projects began to produce power in Andhra Pradesh after being mired in controversy and procedural wrangles for five years.The 208 megawatt gas-based project in the eastern coastal town of Kakinada is promoted by New York-based non-resident Indian-owned Spectrum Technologies and the Hyderabad-based Jaya Foods and has the NTPC and Rolls Royce as partners.