IOC plans to enter merchant power business.
at Tuesday, April 26, 2011
IOC chairman RS Butola on Monday unveiled comprehensive plans to enter the power sector. Setting up large thermal power plants using natural gas and entering power trading are the major components of the plan. “We plan to enter merchant power business. We have synergies for that,” Butola said in his first media interaction after assuming office.
More here http://www.financialexpress.com/news/IOC-plans-to-enter-thermal-power-generation--trading/781372/
