ArcelorMittal, the world's largest steelmaker, is planning a foray into power generation in India, the Business Standard reported on Monday, citing a person familiar with the situation. ArcelorMittal is likely to build thermal power plants first and later may consider setting up gas-based power plants, the newspaper said, adding the steel major has a small presence in India's power sector through LNM India Internet Ventures.
ref:
http://in.reuters.com/article/idINIndia-48924420100531
ps:
I am sure, Mittal will look into venture with BHEL.
Sunday, May 30, 2010
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment