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Surprised at slow progress made over land allotment in Delhi, Tata Power has initiated talks with Haryana and Uttar Pradesh governments for establishing a 1000 MW power plant with a minimum investment of around Rs 4000 crore (Rs 40 billion).
"We have held initial talks with Haryana and Uttar Pradesh governments over setting up a green field project," Anil Sardana, chief executive, North Delhi Power, a Tata group company, told PTI in New Delhi on Monday.
The move to look at alternative sites follows the slow progress made by Delhi government in allotting land to set up a 1000-MW project at Bawana (north Delhi) by the Tatas last year.
"Despite only 15-20 per cent of Delhi's power requirement being met out of its own sources -- all other metros are self sufficient -- it is surprising that our proposal for setting up a generation plant has not been given due priority," Sardhana said.
If the project were shifted elsewhere, Delhi would not only loose the investment but also the associated employment generation potential.
NDPL, which is majority owned by Tata Group, lapped up North and North West distribution circle in Delhi following privatisation of distribution business in July 2002.