• Investment World
• eWorld
• Brand Line
• Mentor
• Life
• Brand Quest
• The New Manager

Stocks

• Quotes
• SE Diary
• Scoreboard
• Open-End Mutual Fund

Cross Currency

• Rates
  
  

Shipping

• Ports
  
  

Archives

• Yesterday
• Datewise
• Resources
• In Focus
• In Depth
• Events 2007

Group Sites

• The Hindu
• The Hindu ePaper
• Business Line
• Business Line ePaper
• Sportstar
• Frontline
• The Hindu eBooks
• The Hindu Images

Our Bureau

Coimbatore, Feb. 11 Dwarikesh Sugar Industries Ltd has said that the power generation unit at the company’s Dwarikesh Puram plant in Afzalgarh, Bijnore District, Uttar Pradesh, was synchronised with the grid of UPPCL. Power evacuation, which is 20 MW initially, will be gradually stepped up to achieve its rated capacity of 24 MW. Power generated will be green power, as it will be produced from bagasse (biomass).

The project is already registered with UNFCCC for generation of (carbon emission reduction) CER units. Power purchase agreements (PPA) have been executed with UPPCL for supply of power from these units for the next 20 years.

The company is now equipped to export 56 MW of green power besides meeting all its captive requirement. The company now has modern facilities to crush 21,500 tonnes of sugarcane every day, export 56 MW of power every hour, and produce and sell 30 KL of ethanol/industrial alcohol everyday.

Sterlite Technologies Ltd announced that it has received a contract from Ethiopian Electric Power Corporation (EEPCo), Ethiopia for manufacture and supply of AAAC Power Transmission Conductors. The contract is valued at $17.5 million (approximately Rs 70 crore) and the deliveries are scheduled from April through September 2008. Sterlite was chosen as the sole manufacturer and supplier for over 17,000 km of ‘AAAC conductors’ that would be installed in the 4,000-km route length of the ‘Accelerated Electrification Programme (AEP) Project’ being executed under World Bank-funding in Ethiopia. Sterlite has a market share of about 14 per cent in Africa and West Asia with its Power Transmission Conductor products sold in 32 countries across the region.

Suprajit Engineering Ltd held its ground breaking ceremony for its new plant at Singur, in West Bengal, on February 10. The plant will manufacture and supply automotive cables for Tata small cars.

With reference to the news item titled ‘Elgi Equipments Ltd’ published in these columns on February 8, the statements relating to two companies were, by an editing mistake, clubbed in one paragraph. The second portion of the news pertains to Gulshan Sugars & Chemicals Ltd.

The error is regretted.

More Stories on : Announcements

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
Corporate developments

Copyright © 2008, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line