Thermal Powertech Corporation India (TPCIL) in the coastal town of Krishnapatnam in Nellore district has a total capacity of 1,320 megawatts and has been operating steadily since April 2015 after the completion of its first 660-megawatt unit.
In an interview to CNBC-TV18, Girish Nadkarni, Partner, IDFC Alternatives, said there has been a pick up in private equity investments in the past 6 months with a push for renewable sector in the last 8-9 months. He expects lower capital costs, interest rates to help pick-up in activity.