India's Tata Power and Norway's SN Power plan to invest up to Rps 150 billion (about US$ 3.2 billion) jointly in new hydropower capacity in India and Nepal. The joint venture partners aim to have 2000 MW of capacity under construction or in operation by 2015, and to double that amount by 2020. According to the partnership agreement announced on 30 October, the two companies have already begun to pursue potential projects in the Himalayas. This follows the signing of an MoU between the two companies in 2008.
展开▼
