Hindustan Power Projects, formerly Moser Baer Projects, has taken to green power to bring the next wave of growth. It plans to invest close to $3 billion over the next three years to enhance its solar portfolio from about 350 MW presently to around 1,000 MW by FY17. The company is also set to expand its presence in overseas markets with solar power projects in Japan. Coal India is also finding it difficult to meet its fuel requirements from domestic resources. HPPPL has two coal-based power projects-ùa 2,520 MW project in Madhya Pradesh and a 1,320 MW project in Chhattisgarh.
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