Nagpur Power & Industries has considered various business opportunities including monetizing its resources available including land at Nagpur. The board at its meeting held on October 30, 2012 has taken the note of the same.
Accordingly, the board has consented to discuss and enter into an arrangement with an agency to run a process in order to enable the company to take a decision as to whether to sell or develop the said property.
Nagpur Power & Industries is an India-based company. The company is engaged in the manufacture of high-carbon ferro manganese, high-carbon silico manganese and medium-carbon ferro manganese.