We are constantly looking for renewable resources, and wind is something that we are not going to run out of for a long time to come. All round the globe power companies are trying to tap inexhaustible resources that are not a strain on our growing fragile eco-system and can sustain the enormous power requirements of the growing population. As per our underlying commitment to environment, we have set up wind power generation plant at Vankusawade Distt. Satara Maharashtra. This is a commissioned project, which we are using to produce 7 MW of power. The project has been financed entirely by the company from its internal accrual. This was a strategic investment decision and would benefit the company in the following manner.

 

 Advantages of Power Division:
  • Environment friendly "Green Power"
  • 100% accelerated depreciation (spread over two years)
  • Sales Tax benefit of Rs. 35 crores to be spread over equally in next six years.
  • One time capital subsidy of Rs. 20 lacs
  • Saving in power cost for MSL till life cycle of project (Approx. 20 years)
  • Low variables cost of power generation at 0.55 paise per unit only.
    
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