Prakash Industries MoU with Madhya Pradesh Govt

Prakash Industries Ltd has informed that the Company has entered into a Memorandum of Understanding (MOU) with the Government of Madhya Pradesh on October 27, 2007 to establish and operate 1000 MW Thermal Power Station at Sohagpur, Distt. Shahdol in the State of Madhya Pradesh with an investment of approximately Rs 4500/- Crores (Rupees Four Thousands Five Hundred Crores.)

The Company would be entitled to wheel the power through MP Transco / Other Grid Lines or its own dedicated lines for its own use or for its customers.