Mudajaya's plant in India starts sale of electricity


Mudajaya's expertise is also in power plants

KUALA LUMPUR: Mudajaya Group Bhd's power plant RKM Powergen Private Ltd (RKM) has started to supply power to several power distribution companies in  Uttar Pradesh, India.

Mudajaya said RKM's unit had sold 200 MW to these companies under the power purchase agreement with the Uttar Pradesh Power Corporation Ltd (UPCCL).

“The balance of 150 MW will commence pending an approval from UPPCL subsequent to the Champa-Kurukshetra 800 kV HCDC pole and 765 kV Jaipur-Bhiwani transmission line which was commissioned recently,” it said.

It said with the start of the power sales, this was expected to contribute positively to the group's earnings for FY ending 2017 moving forward.

Get 30% off with our ads free Premium Plan

Monthly Plan

RM9.73/month

Annual Plan

RM8.63/month

Billed as RM103.60/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

RKM Powergen

   

Next In Business News

SC extends timeline for issuing REIT annual reports
FBM KLCI slightly lower ahead of corporate results, banks weigh
TM shares rally after strong FY23 performance
Foreign investors extend net buying of local equities for fifth week
Ringgit slightly up against US$, most other major currencies
FBM KLCI trades in consolidation as heavyweights earnings in store
Trading ideas: Sime Darby Property, IOI, Telekom, Mi Tech, Greatech, Malakoff, Matrix, Sports Toto and SAM
‘Eye-popping’ results unlikely, says Buffett
Bond markets flooded with deals to fund M&A
Jakarta opens 2024 with 8% drop in January tax revenue

Others Also Read