Business Standard

Nava Bharat Ventures provides update on subsidiaries Maamba Collieries

Image

Capital Market

300 MW power plant of Maamba Collieries achieves Provision Acceptance under EPC contract

Nava Bharat Ventures announced that the 300 MW power plant of Maamba Collieries, the step down subsidiary of the Company, has been in operation and has now achieved the Provisional Acceptance under the EPC contract.

Following the capitalization of the 300 MW power plant upon Provisional Acceptance, its commercial operations will be consolidated in the Company's Financial henceforth.

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Jul 27 2017 | 5:38 PM IST

Explore News