Adani Power expects to tie up funds for 3,000 MW by Mar 2012

 Adani Power Ltd expects to tie up funds for its 3,300 MW power plant in Gujarat by March 2012, and is on track to complete installation of 10,000 MW projects by March 2013, a top official said on Tuesday."I think we will complete it (debt funding for 3,300 MW projects) in this calendar year; if not, may be by March 2012, it will not go beyond that," its Chief Financial Officer Prabal Banerji told Reuters in an interview.The 3,300 MW project at Bhadreshwar would cost 165 billion rupees, of which about 75 percent would be funded through debt and rest through equity, he said.