First Unit of GMR Group's Warora Power Plant Synchronized

The first unit of GMR Infrastructure Ltd's 2x300 MW coal based power project at Warora, near Nagpur in Maharashtra was successfully synchronized with the grid on December 10, 2012. This is group's first coal-based power plant to be synchronized.

The work on commissioning the second unit is in progress. The BTG supply for the plant is from Shanghai Electric, China. The project has been implemented on multiple packages concept. The project will primarily cater to part of power need of the western sector of the country.

The GMR Infrastructure Ltd stock was trading at Rs.18.40, up by Rs.0.15 or 0.82%. The stock hit an intraday high of Rs.18.55 and low of Rs.18.25.

The total traded quantity was 10.76 lakhs compared to 2 week average of 24.32 lakhs.

Source : Equity Bulls

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