MoneyWorks4Me

Heritage Foods gets nod to set up 2.1 megawatts wind power project in Andhra Pradesh

18 Dec 2015 Evaluate

Heritage Foods has received its board’s approval for setting up of a 2.1 megawatts wind power project in Andhra Pradesh for captive consumption. The board has appointed Suzlon Energy as a turnkey contractor for setting up the wind power plant.

Heritage Foods’ consolidated net profit rose 216.6% to Rs 15.29 crore on 14.3% rise in net sales to Rs 576.03 crore in Q2 September 2015 over Q2 September 2014.

Heritage Foods is one of the fastest growing Private Sector Enterprises in India, with five-business divisions - Daily, Retail, Agri, Bakery and Renewable Energy under its flagship Company Heritage Foods.

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