MoneyWorks4Me

Sarda Energy & Minerals’ arm gets nod for capacity enhancement of Hydro Power Plant

20 Apr 2021 Evaluate

Sarda Energy & Minerals’ subsidiary company -- Madhya Bharat Power Corporation has received all requisite approvals for capacity enhancement of the Hydro Power Plant from 96 MW to 113 MW. Further, first unit of 56.5 MW has been synchronized with the grid in the evening hours on April 18, 2021. Second unit is expected to be synchronized with the grid this week. The same will be intimated on synchronization.The plant will commence full load commercial operation after a short shutdown to attend the deficiencies observed during the trial run.

Sarda Energy & Minerals (SEML) is one of the lowest cost producers of steel (sponge iron, billets, ingots, TMT bars) and one of the largest manufacturers and exporters of ferro alloys in India.

Peers
Company Name CMP
JSW Steel 1284.80
Tata Steel 187.10
Steel Authority 178.40
Jindal Stainless 753.10
APL Apollo Tubes 2193.65
View more..