Mavens Biotech to build biomass power plants
New Delhi, India-based Mavens Biotech is planning to set up three biomass power plants with a total capacity of 30 MW.
The Rs 700,000,000 (€10.8 million) investment on the proposed power project is likely to be met with internal accruals and debt, M D Kanther, chairman of the company, says.
The company reported net sales of Rs 37.14 crore in the nine month ending 31 December 2009 compared to Rs 16.10 crore in the corresponding period last year.
The Rs 700,000,000 (€10.8 million) investment on the proposed power project is likely to be met with internal accruals and debt, M D Kanther, chairman of the company, says.
The company reported net sales of Rs 37.14 crore in the nine month ending 31 December 2009 compared to Rs 16.10 crore in the corresponding period last year.
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