Saturday, January 10, 2009

Suryachaktra Power arm to set up solar power unit

The Hindu Business Line :
Business Daily from THE HINDU group of publications
Friday, January 9, 2009
MUMBAI - Suryachakra Power Corporation Ltd has informed BSE that Sri Panchajanya Power Pvt. Ltd is one of subsidiary companies of the company is already in setting up of 10 MW biomass power project at MIDC, Hingoli, Maharashtra.

In addition to this, Sri Panchajanya Power Pvt. Ltd has signed power purchase agreement with Maharashtra State Electricity Distribution Company Ltd on January 7 for setting up of 5 MW concentrated solar thermal power project at Hingoli, Maharashtra and t he company has already submitted required papers with Ministry of New and Renewable Energy for registration to get generating subsidiary.

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