The power generation on this plant is primarily for internal consumption and if found surplus for sale. The company already has a similar 15/18MW thermal power plant operating for more than two years.
The new thermal power plant is expected to cash in about INR150m on an annual basis from Q1, 2012 onwards. For the power plant, BSL plans to consume imported and indigenous coal. This will also avail a 10-year tax holiday for the profit of this power plant unit.
R Toshniwal, chairman and managing director of BSL, said: “We have decided to chalk out an additional 15/18MW thermal power plant to meet our increased capacity requirements along with the savings from the power plant will see the volumes grow with leveraged operating efficiencies for BSL.”
BSL is a vertically integrated textile company.
