Frontline Corporation executes shareholders and PPA agreement with PSM

Frontline Corporation has executed a Shareholders' Agreement and Power Purchase Agreement (PPA) with Palaniandavar Spinning Mill, (PSM) for supply of wind power upto 600000 units p.a. for a period 5 years.The company has also executed a Shareholders' Agreement and Power Purchase Agreement with Ambaram Textiles, for supply of wind power upto 900000 units p.a. for a period 5 years.

Frontline Corporation‘s business is spread over a varied sectors; it is engaged in wind energy, coal & coke, industrial chemicals, warehousing, refractories, automotive components, and transportation.