Canasia Power Corp.

Canasia Power Corp.

March 19, 2009 14:58 ET

Canasia Power Secures Another Mega Project

TORONTO, ONTARIO--(Marketwire - March 19, 2009) -

Editors Note: There is a photo associated with this Press Release.

Canasia Power Corp., a Canadian Power Development Company, is pleased to announce a most successful meeting between its Chairman and CEO, Mr. Ashok Dhillon, and the Government of Gujarat's senior official, Mr. S. Jagadeesan, Principal Secretary, Energy and Petrochemicals, that resulted in Canasia receiving a green light to begin development on a 2,000MW, thermal power plant, to be sited on the coast in the State of Gujarat.

The power plant will be fired by imported coal, using clean coal technologies, or natural gas, if available. The State of Gujarat is the leading industrial State in India, with almost all its economic indicators far above the Indian average and some of the highest in the World.

With this latest development Canasia is the developer of 4,000MW of power in two separate States in India, and the leading private power developer from Canada in India.

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