Pune-based Tiana Group plans to join hands with Japanese industrial behemoth Mitsubishi Corporation for setting up 90 power projects across the country.
Tiana Group would form a partnership with Mitsubishi Corp for venturing into the areas of power generation, infrastructure development and oil and gas in India, a company statement said.
The Indian government has accorded in-principle approval for Tiana Group’s plans to set up 90 power projects across the country in the hydel, thermal, solar, wind and nuclear power segments using the expertise of Mitsubishi Japan to set up, operate and maintain these power plants.
“The group is committed to supplying low cost power to Indian consumers and will take the necessary steps right from the beginning,” Tiana Group of Companies Director Mohammedi Fatehi said.
