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ISMT Commences Production at its 40 MW Captive Power Plant

Date : May 29, 2012

The plant aims to cater to over 80% of ISMT's power requirement

ISMT Limited has officially commissioned its 40 MW, thermal, coal based, captive Power Plant. Located at Chandrapur district (Maharashtra), the Power Plant was conceived to address the rising energy costs of the company. The plant commenced commercial production from 28th May 2012. The Power generated is wheeled using the state electricity grid to all three manufacturing plants located at Ahmednagar, Baramati & Jejuri.

The captive plant will cater to over 80% of the company's power requirement, thereby helping the Company to substantially reduce its variable costs.

Elaborating on the benefits of the plant, ISMT's CEO, Mr. Salil Taneja said the commissioning of this plant significantly de-risks the operations of the company by hedging against the possibility of future increases in power cost by the Govt. of Maharashtra