SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

SRM Energy receives environment clearance approval

24 May 2011 Evaluate

SRM Energy has received environment clearance approval from the Ministry of Environment & Forest, New Delhi vide their letter dated May 18, 2011. The company has received the approval for setting up 3*660 MW i.e. 1980 MW super critical imported coal based thermal power project near Cuddalore, Tamilnadu.

Last year in December, SRM Energy had successfully completed International Competitive Bidding (ICB) process for award of contract for its proposed 2000 MW coal based Thermal Power Project at Cuddalore, Tamilnadu.

The company, post ICB, had awarded the Letter of Intent (LOI) for supply of 3 Thermal Power units of 660 MW each based on Super Critical Technology on Turnkey EPC basis at a value of $1.4 billion to China Datang Technologies & Engineering Co (CDTE), a specialized engineering corporation and EPC contractor in China and a subsidiary of China Datang Corporation (CDC), the largest power utility in China.

SRM Energy Share Price

20.70 0.97 (4.92%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Welspun Living 125.45
Vardhman Textiles 557.75
Arvind 387.20
K.P.R. Mill 926.40
Page Industries 37935.70
View more..

About MoneyWorks4Me

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.

Our Vision

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.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×