Kolkata-based Techno Electric & Engineering, an engineering, procurement and construction (EPC) major which has presence in non-conventional generation, transmission and distribution, is planning to invest Rs 10,000 crore in power industry till 2017 and will also foray into contract farming soon, said a top company official.

“Till the end of 2017, the company will invest Rs 10,000 crore in power industry, which includes Rs 7,000 crore in generation and Rs 3,000 crore in transmission and distribution. We will provide an end-to-end solution in power sector. Moreover, we are looking forward to diversify into contract farming for our biomass projects,” said P P Gupta, Managing Director of the company. By 2017, the company expects its generation capacity including wind and biomass to be around 1250-1300 mega watt (MW).