| GMR Energy may also opt for raising resources through other routes. |
| "The company is certainly looking at means for raising resources to fund its upcoming and future projects. A decision in this regard may be finalised in the next two to three weeks," market sources said. |
| GMR Energy is a subsidiary of GMR Infrastructure, one of the two subsidiaries of GMR Holdings, the holding company of the group. GMR Industries is the other subsidiary of the holding company. |
| GMR Infrastructure, a listed entity, funds the capital needs of the group's energy, road and airport businesses. |
| GMR Energy currently has two operational power projects "� in Chennai and Mangalore "� with a cumulative capacity of 420 mw. |
| The 388.5 mw Vemagiri plant at Rajahmundry in Andhra Pradesh would start generating power shortly. |
| It has got five projects under development "� 140 mw hydroelectric power plant in Uttaranchal, 1,050 mw coal-based plant in Orissa, 160 mw hydro-electric project in Arunachal Pradesh, 1,000 mw coal-based plant in Chhattisgarh and 180 mw hydroelectric project in Himachal Pradesh. |
| Estimated to cost about Rs 700 crore, the Uttaranchal plant of GMR Energy is expected to start commercial operation by 2011-12. |
| The 1,050 mw coal-fired project at Kamalganga in Orissa is expected to go on stream by the end of 2010. |
| GMR Energy expects its Arunachal project to be commissioned by the end of 2011-12. Time-frame for the completion of the two other projects "� in Chhattisgarh and Himachal Pradesh "� are yet to be decided by the company. |
| The group is also gearing up to foray into nuclear power generation and has already readied a team aiming to be the first Indian company to enter the sector. |
| Besides, the company is also looking at acquiring some coal assets and operational energy assets abroad, sources said. |
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