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| Exchange Disseminated Time | Sumeet Industries Ltd has informed BSE that the Board of Directors of the Company at its meeting held on April 24, 2015, has taken on place the following business:
- The Board of Directors of the Company discussed and evaluated the proposal of setting up Coal based Captive Power Plant and decided to set up 15 MW Power Plant with project cost of Rs. 75.00 Crores using both domestic and imported coal as fuel.
This power project may reduce the power cost of the Company substantially and save around Rs. 30.00 Crores in a year. |
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