Kirloskar Ferrous Industries Ltd commissions 20 MW power generation plant

Kirloskar Ferrous Industries Limited has announced that the operations of 20 MW Power Generation plant attached to the Coke Oven Plant situated at Bevinahalli Village, District Koppal, Karnataka has commissioned on 11 June 2020 by following the COVID-19 Guidelines issued by the Government of India, the State Government and the Local Authorities.

The power will be generated by using waste gas generated from the Coke Oven Plant. It will be utilized primarily for captive consumption resulting in reduction of power cost.

The Company is closely monitoring from time to time the Covid-19 Guidelines issued by the Central Government, State Government and the Local Authorities and necessary actions are being taken accordingly in this regard.

Shares of KIRLOSKAR FERROUS INDUSTRIES LTD. was last trading in BSE at Rs.64.3 as compared to the previous close of Rs. 67.25. The total number of shares traded during the day was 15541 in over 367 trades.

The stock hit an intraday high of Rs. 67.9 and intraday low of 62.65. The net turnover during the day was Rs. 1004566.

Source : Equity Bulls

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