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October 11, 2008


Suryachakra Power subsidiaries registered for CDM

Suryachakra Power Corporation Ltd has announced that it's 100% subsidiaries MSM Energy Ltd and Lahari Power & Steels Ltd have been registered for availing carbon credits under Clean Development Mechanism for the periods mentioned below which contributes enhancement of revenues of the said units.

1. MSM Energy Ltd: 10 MW Bio based renewable energy plant at Amaravathi District in Maharashtra. The Period of Credit is from January 01, 2008 to December 31st 2017 and the number of CER's per annum would be 43.345.

2. Lahari Power & Steel Ltd: 9.8 Biomass based renewable energy plant at Champa District in Chattisgarh. The Period of Credit is September 3rd 2007 to September 2nd 2017 and the number of CER's per annum is 37.947.