|
| Exchange Disseminated Time 10/06/2016 17:56:54 | Prism Cement Ltd has informed BSE that the Company has acquired 15.23% equity stake for Rupees 21 Crores in BLA Power Private Limited ('BLA Power'), which is in the sole business of generating thermal power.
The Company has entered into a Power Supply Agreement ('PSA') and other related agreements/documents with BLA Power for the purchase and consumption of 25 MW of RTC (Round The Clock) power from BLA Power for its cement plants - Unit I and Unit II at Satna, Madhya Pradesh under the Group Captive Arrangement under the Electricity Rules, 2005. |
|
|