Nalco Rises On Plans To Set Up 100Mw Wind Power Project

Shares of Home-made Aluminium Bungalow was up yet again 2% at Rs 60.20, at the rear the company at its AGM assumed on Saturday, announced plans to set up a 100 Mw wind power project with an investment of Rs 660 crore.

"The project leave be set up shortly at a adequate situation in India", Ansuman Das, chairman cum usage funnel (CMD) of Nalco thought at the company's 33rd almanac common seminar (AGM) here.

Mixture of wind power developer is underway, he additional. Nalco has prior to commissioned two wind power plants in Andhra Pradesh and Rajasthan.

The stock opened at Rs 58.75 and touched a boost of Rs 60.25 so far. A cut above 446,000 shares were traded on all the stock connections so far.

Source:BS

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