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Simbhaoli Power to set up captive power plant in Chilwaria

Simbhaoli Sugars is planning to increase its captive power plant at Simbhaoli and Chilwaria in Uttar Pradesh. The company has formed a special purpose vehicle 'Simbhaoli Power Ltd' to implement the project. It will add a new 15 MW power plant at Chilwaria and expand the existing power plant in Simbhaoli by another 18 MW. The project cost is estimated at Rs. 2000 million. It may be noted, Simbhaoli Sugars had entered into a joint venture with Sindicatum Sustainable Resources Group (Sindicatum), a global developer and operator of clean energy projects

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