Karma Energy has informed that at the meeting of the Board of Directors of the Company held today, the board of Directors of the company have approved complete closure of activities of its Wind farm site at Anantpur District, Andhra Pradesh and permanently cease the power generation operations at the said undertaking with effect from close of business hours of 05th October, 2023 in view of the wind electric generators having worked much beyond its operating life. Necessary steps shall be taken for disposal of plant and machinery and surrender of land.
The above information is a part of company’s filings submitted to BSE.
