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We are pleased to announce that the company has entered into a Power Purchase Agreement (PPA) for a period of 5 years with PTC India Limited (PTC), a Government of India initiated Public-Private Partnership, on 10th September, 2008 for selling its "green power" being generated from its world class ultra modern biomass based 30 MW Power Plant at a minimum assured price of Rs.7.50/- per unit for one year w.e.f 1st October, 2008. This PPA will add to both top line as well as bottom line of the company. As always, the company will continue to strive for excellence in its performance. |