Don’t miss the latest developments in business and finance.

Commercial Syn Bags to set up solar power generation system for captive consumption

Image
Capital Market
Last Updated : Dec 19 2016 | 12:01 AM IST

For estimates cost of Rs 6 crore

Commercial Syn Bags announced that the Company has placed a Purchase Order with Ujaas Energy, Indore on 16 December 2016 for purchase of 1.0 MW (1.2 MW peak (p)) Solar Power Generating System which will be installed at land to be acquired by the Company at Ujaas Solar Park (Sitamau, Madhya Pradesh). The electricity generated through Solar Power Generating System will be used as captive consumption for Company's Manufacturing Units situated at Pithampur (MP).

Further, the cost of project is estimated to be Rs. 6 crore (approx) which will be funded from bank loan and own sources.

Powered by Capital Market - Live News

Also Read

First Published: Dec 17 2016 | 2:25 PM IST

Next Story