Open A Citibank Rupee Checking Account

Polit-Ex : the Political Stock Exchange Game

Search
The Indian Express

The Financial Express

Latest News

Screen

Express Computer
Feedback
CerfKids

Corporate Results

Expresswheels

Ebate

Matrimonials

Careers

Lifestyle

Astrology

E-Cards

Columnists

Graffiti

Crossword

Letters

Jewellery
Info-tech

Power

Steel

Global Tenders

Filmtvindia


INDIAN EXPRESS FRONT PAGE

Politics

Business

Expressions

General

World

Sports

Leisure

States

 

Wednesday, August 11, 1999

TEC plans internet foray

ENS ECONOMIC BUREAU  
MUMBAI, AUG 10: Tata Electric Companies (TEC) is exploring opportunities to diversify into internet services and plans to give greater thrust to telecom sector. This was stated by Ratan Tata, chairman TEC here on Tuesday at the 90th annual general meeting of the company.

While the company has already made investment in the telecom sector through its group companies, investment in the internet business is yet to be initiated.

Apart from diversification, the company is also examining possibilities to enhance its presence in the power sector, including generation, transmission and distribution in Maharashtra and other states, he said.

This is needed because as a licensee TEC's growth prospects are limited. The company that supplies power to bulk consumers, including BSES and BEST, is presently having surplus power both during peak and non-peak hours. This is primarily because BSES, which consumes over 30 per cent of TEC's total generation, has reduced the purchase of power from the company since itstarted its own generation.

Copyright © 1999 Indian Express Newspapers (Bombay) Ltd.


Top



New! 39c a minute to India

CerfKids.com

 

Click here for a printer-friendly page Printer-friendly page

India Gift House: Send gifts all over India



EXPRESSindia.com
News   Business    Sports   Entertainment
The Indian Express | The Financial Express | Latest News | Screen | Express Computers
Travel | MatrimonialsCareersLifestyle | Astrology
E-Cards | Graffiti | Environment | Jewellery | Info-tech | Power