Chairman Anil Ambani said the company had begun preparatory work for three hydroelectric projects, won in competitive bidding last year, including the 280MW Urthing Sobla in Uttaranchal state and two projects totalling 1700MW in Arunachal Pradesh.
The company proposes to invest over US$2.2B in the hydro sector in a bid to meet huge peak demands and reduce dependence on gas.
