Suryachakra Power - Outcome of Board Meeting
Suryachakra Power Corporation Ltd has informed BSE that the Board of Directors of the Company at its meeting held on April 22, 2008, inter alia, has considered and approved the following:
1. Opening of an EPC, Consultancy & Contracts division keeping in view the demand to be generated for EPC business by various Power plants to be set up by the Companies in India and in particular the power plants to be set up by its own Subsidiary Companies / group Companies.
2. Setting up of new projects by Subsidiary Companies by way of expansion:
a. Lahari Power and Steels Ltd ? 70 MW (2×35MW) coal based group captive power plant at current / near by site.
b. Sri Panchajanya Power Pvt Ltd ? 5 ? 6 MW concentrated Solar Thermal Power Plant with technical and financial support from M/s. Man Solar Millennium, Germany.
c. South Asian Agro Industries Ltd ? 5-6 MW concentrated Solar Thermal Power Plant with technical and financial support from M/s. Man Solar Millennium, Germany.
Tags: Suryachakra Power