A Subba Rao, Group chief financial officer, GMR Infrastructure expects Vemagiri plant to be ready for generation by last quarter of the current financial year.
Speaking to CNBC-TV18 about the recent developments in GMR Infra he said, their Orissa plant is likely to commission between April and September of the next calendar year. By 2013, nearly 2,000 megawatts of GMR's coal-fired plants will come into generation. Citing company's order book he said, "In the road sector, the order book would be close to USD 2 billion. In the power sector, projects under development (order book) is close to about USD 4 billion. In the case of airports it is about USD 0.50 billion (Malay Airport)," Also Read: GMR Infra to buy 30% stake in Indonesian coal asset Below is the edited transcript of Rao's interview with of CNBC-TV18. Also watch the accompanying video. Q: Can you give us an update on the Vemagiri plant and a time-table about when it is coming up? Do you have any clarity on the gas fuel connections? A: The plant should be ready for the generation by the last quarter of the current financial year. The government has been assuring us to keep the plant ready and they will supply the gas. We are on the priority list so we donDiscover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
