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Moneycontrol India :: News :: Areva T&D plans to invest Rs 700cr in next 2-3 yrs :: Areva T&D :: Business :: Areva T&D
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Areva T&D plans to invest Rs 700cr in next 2-3 yrs
2008-05-21 14:16:51 Source : News Bulletins/CNBC-TV18
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Areva T&D plans to invest Rs 700 crore in the next 2-3 years, reports CNBC-TV18. About 50% of investment will be through internal accruals, while the remaining will be funded through debt. The company plans to expand capacities at its three plants in Baroda, Chennai, and Hosur. The company's current order book is over Rs 3,000 crore from almost 40 clients.

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