Intex Technologies has taken a small but important step in generation of green energy by investing in 2 wind mills of 600 KW each at Tenkasi, Tamilnadu. This has been done in an alliance with VESTAS RRB, Indian arm of the world's largest manufacturer of wind turbines-VESTAS, who has supplied, installed and commissioned the wind mills.
The total investment in this project is about Rs. 6 crores including cost of land and equipment. Financing has been done from company's internal resources and through a term loan sanctioned by company's bankers- State Bank of India , New Delhi . The two mills are expected to generate approximately 28 lacs of electricity units per year which will be supplied to the Tamilnadu State Electricity Board as per a power purchase agreement signed for duration of 20 years. |
