Astron Paper & Board Mill Limited receives environment clearance for additional propose 10MW Power Plant at Unit-1 located at Halvad, Gujarat

Astron Paper & Board Mill Limited had requested the concerned government authorities for issuance of environment clearance, presently the company has received "Environment Clearance" from Gujarat Pollution Control Board, Gujarat with respect to propose 10 MW power plant at Unit-1 located at Halvad, Gujarat. Environment Clearance is basic approval to check the environment impact surround plant location and viability along with rules and regulations.

At the said location Unit-1, Company have existing 3MW power plant for electricity and steam generation. The additional 10MW power plant will enhance fully internal support towards requirement of steam generation. The company will formally decide the roadmap regarding the installation and operation of Power Plant in future.

Shares of Astron Paper & Board Mill Ltd was last trading in BSE at Rs.54.35 as compared to the previous close of Rs. 52.95. The total number of shares traded during the day was 64614 in over 1414 trades.

The stock hit an intraday high of Rs. 55.4 and intraday low of 49.7. The net turnover during the day was Rs. 3445417.

Source : Equity Bulls

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