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Prakash Industries updates on its power generation initiative

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Capital Market

Project to save Rs 30 crore annually

Prakash Industries announced that the Company is generating power through waste heat recovery boilers connected with the kilns. The Company is a pioneer and first in the country, to develop this energy saving technology. The Company has recently completed a project for retrofitting of these Boilers along with a new Turbo Generator Set. With the execution of this project the Company is able to generate higher power of over 8 MW without additional cost. The project is expected to give substantial savings to the Company to the tune of about Rs 30 crores annually.

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First Published: Dec 18 2015 | 6:54 PM IST

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