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Apollo Tyres to set up coal-based thermal power plant in Tamil Nadu

04 Dec 2012 Evaluate

Apollo Tyres has decided to establish a 2 x 7.5 megawatt coal-based thermal power plant in its Oragadam facility near Chennai in Tamil Nadu. Through this plant company will become self sufficient for its power requirements for critical equipments.

The company has an installed capacity to produce 550 tonnes of passenger vehicles and truck-bus radial tyres per day at this facility. The proposed coal-based Cogen plant will improve the overall efficiency and will reduce the pollution resulting from a separate power generation and process steam generation.

Peers
Company Name CMP
MRF 125528.60
Apollo Tyres 411.80
JK Tyres & Inds. 349.55
Ceat 3468.20
Balkrishna Inds. 2267.75
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