BSES has chalked out a mega investment plan of Rs 40,000 crore over the next 10 years. In its corporate plan for 2002-12 submitted to the financial institutions, BSES said it plans to add 9,000 mw more in generation capacity.
The company also plans to enter the transmission business and add five more areas to its existing distribution business. This is one of the most ambitious plans drawn up by a private company in the power sector.
BSES is planning to execute each of these projects through a series of special purpose vehicles (SPVs) in which it will hold majority stake. This plan is at present being discussed with financial institutions
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