Banswara Syntex (BSL), a vertically integrated textile company has announced its plan for an additional 15/18 MW thermal-based power plant at Banswara (Rajasthan) at a capital expenditure of Rs. 50 crore. The power generation on this plant is primarily for internal consumption and if found surplus for sale. The company already has a similar 15/18 MW thermal power plant operating successfully for more than 2 years.
The new thermal-based power plant is expected to cash in about Rs. 15 crore on an annual basis from Q1FY12 onwards. For the power plant, BSL plans to consume imported and indigenous coal. Moreover, this will also avail a 10-year tax holiday for the profit of this power plant unit.
Source :www.biginfotech.in
The new thermal-based power plant is expected to cash in about Rs. 15 crore on an annual basis from Q1FY12 onwards. For the power plant, BSL plans to consume imported and indigenous coal. Moreover, this will also avail a 10-year tax holiday for the profit of this power plant unit.
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