For capital cost of Rs 77.51 crore
Sumeet Industries announced that the Company is going to setup 10.5 MW (5 nos. of Turbine of 2.1 MW each) Wind Power Plant at a Capital Cost of Rs. 77.51 crore and for the said project IDBI Bank has sanctioned Rs. 57.75 crore. This Power plant will be operational within six months. The Company's profitability will improve further due to low cost of energy. Not only that, after completion of six years from this project, the Company will receive 2.70 crore units of Electricity only at a cost of Rs. 1.30.Powered by Capital Market - Live News
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