Committed to PEOPLE'S RIGHT TO KNOW
Vol. 5 Num 1137 Fri. August 10, 2007  
   
Business


Ratan Tata still hopeful of Bangladesh plans


Their three billion dollar proposal for Bangladesh hanging fire notwithstanding, the Tata Group has said it is still keen on the projects.

"We have decided to go to Bangladesh. But we have not received necessary approvals so far. Once we get the clearance, we will activate the projects", Ratan Tata, chairman of Tata Group, told the company's annual general meeting in Mumbai on Wednesday.

The Tatas want to set up a fertiliser, power and steel plants in Bangladesh.

The company said Tata Power is interested in entering nuclear power market in India and is in talks with French group Areva for sourcing nuclear power equipment.