Suryachakra Power Corporation’s subsidiary Suryachakra Power Venture has faced a roadblock, as the Ministry of Environment and Forests (MoEF) has deferred the clearance of 1,320-MW coal-based power plant being developed by the company in Madhya Pradesh since it appears that the plant falls within the buffer zone of a tiger reserve.
The power plant is falling within the buffer area of the Sanjay Gandhi Tiger Reserve proposed to be set up in Sidhi district of Madhya Pradesh. The company has to get the no-objection certificate from the concerned authorities in the Wildlife Department.
Suryachakra Power Corporation (SPCL) is the flagship company of Suryachakra Group with interests in Power generation - renewable energy (biomass, solar, hydro) and coal based, engineering and consultancy and urban infrastructure development activities.
| Company Name | CMP |
|---|---|
| NTPC | 393.65 |
| Tata Power | 427.45 |
| Adani Power | 198.40 |
| Power Grid Corp | 318.05 |
| Torrent Power | 1565.30 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: