Hinduja Energy India Ltd.
Hinduja Group has identified power generation as one of its focus areas of business. Hinduja Energy India Ltd. (HEIL) is the holding company for the energy vertical of the Group. HEIL, headed by R. Seshasayee, Non-Executive Vice-Chairman, will identify opportunities within the energy space to fulfil the Group's ambitious vision of creating 10,000 MW over the next few years.
Joint venture with STEAG GmbH
The Hinduja Group has forged a multi-pronged partnership with Germany's STEAG GmbH which has mega plans in India's power sector. While it has acquired a 5% interest in Hinduja National Power Corporation Limited (HNPCL), owned by the Hinduja Group, Steag Energy Services (India) Pvt. Ltd. has created a joint venture with the Hinduja Group for operations and maintenance of power plants in India.