“We would look at super-critical power assets with capacity above 500 Mw,” said Arup Roy Choudhury, chairman of the company, adding the state-owned power generator was sitting on a cash chest of Rs 70,000 crore (Rs 700 billion).
Choudhury, however, said the company was looking at assets which have fuel linkages and have all approvals in place.
“No private power-generator has approached us because they know we are stringent,” he said, at a media meet on Thursday.
Many private players have been under pressure due to factors such as macro-economic issues and delay in receivables from state electricity boards with weak financial health.
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