Indiabulls to set up power plant in Madhya Pradesh

July 30th, 2008 - 11:11 pm ICT by IANS  

New Delhi, July 30 (IANS) Indiabulls Power Services Ltd, a wholly-owned subsidiary of Indiabulls Real Estate Ltd, Wednesday announced that it has signed an agreement with the Madhya Pradesh government to set up a 2,640-MW power project in the state. The project will be set up in two stages of 1,320 MW each.

The state government will facilitate and extend all reasonable help to Indiabulls for setting up the project, officials said.

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