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Surana Telecom & Power inks pact to sell of Wind Energy Business

15 Jul 2023 Evaluate

Surana Telecom & Power has entered into a Slump Sale Agreement with M/S SML Renewable, for selling of its Wind Energy Business Undertaking consisting of 1 No 1250KW (1.25MW) SUZLON Make wind turbine Generator along with land, accessories and other assets and liabilities situated at District Gadag, Karnataka.

Surana Telecom & Power was engaged in the business of manufacturing of petro products such as petroleum jelly and telecom products such as jointing kits. Later the company ventured into the telecommunication sector with the production of jelly filled telephone cables.

Peers
Company Name CMP
NTPC 321.00
Tata Power 362.00
Adani Power 196.30
Power Grid Corpn. 262.20
Adani Energy Solut. 1286.65
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