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Shares of Rain Industries will remain in focus, as its wholly-owned subsidiary Rain Cements has commenced operations of a waste heat recovery-based power plant to generate up to 7 MW of gross electrical energy from waste heat at the Kurnool plant in Andhra Pradesh. The project was completed at a cost of ₹70 crore which was funded from internal accruals. The process of waste heat generation is environment-friendly and substantially reduces the cost of power generation.
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