Realty player Ansal Properties and Infrastructure Ltd today announced its foray into the power sector with the establishment of a 12 MW wind energy farm in Gujarat at an investment of over Rs 72 crore.
The company had amended its objects clause to diversify into the power sector after receiving its shareholders' approval, it informed the Bombay Stock Exchange.
The equipment for the wind farm was sourced from Suzlon Energy. The company also expects to earn 25,000 carbon credit points a year through the project.
Read more in The Economic Times article.
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