Hirco, Tata Power Mgt sign MoU for Panvel township

Hirco, which is listed in London's Alternative Investment Markets and is a Hiranandani Developers group company, has signed a Memorandum of Understanding with Tata Power Management Company to provide power supply and distribution solutions to residents and tenants of Hirco’s Panvel special economic zone.

Tata Power will manage the quality and reliable power distribution system in the Panvel SEZ, Hirco said in a statement.

Hirco is developing an integrated township in Panvel region that will include residential, offices, school, health care facilities, parks, shopping facilities, and  entertainment centres.