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December 02, 2008


Nagreeka eyes power project in Maharashtra

BS reported that Kolkata based Nagreeka Capital Infrastructure Limited is planning to set up a 150 MW power plant in Maharashtra and will also develop an IT SEZ with a township at Kolkata.

Mr Sushil Patwari vice CMD of Nagreeka Capital Infrastructure Limited said that “We are at an advanced stage of the negotiations regarding the site and the total estimated investment would be around INR 600 crore. We are looking for 25 acre plot in a close proximity of Kolkata.”


Nagreeka Capital Infrastructure Limited has a turn over of INR 300 crore at present and the total number of shares amounted to 1.2 crore. With a paid up capital of INR 6.31 capital and reserves of INR 46.72 crore the book value of the share would be INR 42.03.