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INDSIL Hydro Power, Nikita Metachem terminate lease agreement

01 Oct 2019 Evaluate

INDSIL Hydro Power and Manganese has terminated lease agreement with Nikita Metachem regarding the lease of part of specified Plant & Machinery at the company’s Raipur factory. The company has terminated lease agreement with effect from October 01, 2019.

INDSIL Hydro Power and Manganese is engaged in the generation of electricity from its captive hydroelectric power plant in Kerala, India. The company also involves in ferro alloy smelting.

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