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| Exchange Disseminated Time | | Sumeet Industries Ltd has informed BSE 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 Crores and for the said project IDBI Bank Ltd. has sanctioned Rs. 57.75 Crores. This Power plant will be operational with in 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 Crores units of Electricity only at a cost of Rs. 1.30 Paise. |
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