 "Rain Industries opens waste heat recovery based power plant")
Rain Cements Limited, a wholly-owned subsidiary of Rain Industries Ltd, has commenced operations of waste heat recovery based power plant to generate up to 7 MW of gross electrical energy from the waste heat and the flue gases evolved during the cement manufacturing process at Boincheruvupalli, Kurnool district of Andhra Pradesh.
The project involved investment of Rs 70 crores, which was funded from internal accruals.
“The process of waste heat generation is environmental friendly that will bring down the flue gas temperatures. The heat recovery from the flue gases not only saves large quantities of fossil fuels but also substantially reduces the cost of power generation,” said the company in a BSE filing on September 23, 2016.
Rain Industries Ltd, formerly known as Rain Commodities Limited, is engaged in the production of cement, calcined petroleum coke & power and high-quality basic & specialty chemicals (coal tar pitch).
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