Infosys to buy 2.6 MW of green power from OPG Power

Infosys Ltd. | IT - Software | IT & ITES | BSE: 500209 | NSE: INFY

21 Feb 2012 Evaluate

IT major, Infosys is buying 2.6 MW of green power from Chennai-based OPG Power's 10-MW waste heat recovery plant in TN. The company wanted 4 MW, but OPG Power was able to supply only 2.6 MW. This translates to about 22 lakh units of electricity a month.

The company’s net profit for the quarter under review rose by 36.20% at Rs 2235.00 crore as compared to Rs 1641.00 crore for the quarter ended December 31, 2010. Its total income has increased by 33.91% to Rs 9118.00 crore for the quarter under review from Rs 6809.00 crore for the similar quarter of the previous year.

Peers

Company Name	CMP
TCS	2073.80
Infosys	1007.90
HCL Technologies	1246.70
Wipro	163.80
Tech Mahindra	1548.90
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