growel energy company ltd Management discussions


GROWEL ENERGY COMPANY LIMITED ANNUAL REPORT 2005-2006 MANAGEMENT DISCUSSION AND ANALYSIS OPERATIONS: The Detailed Project Report for the project for 5 MW Hydel Power Plant at Ani in Kulu District of Himachal Pradesh was approved by HIMURJA. The Company has signed the Implementation Agreement, however, agreement for sale of power is yet to be signed. Implementation of the project can be taken up thereafter. SAFETY, ENVIRONMENTAL CONTROL AND PROTECTION Since the Company does not have any physical assets or facilities no steps for safety and environmental control are required to be taken, For & on behalf of the Board For Growel Energy Company Limited Nirajkumar U. More Director Vinod Haritwal Director Registered Office: GROWEL HOUSE, Akurli Road, Kandivli [East], Mumbai - 400 101. June 30, 2006.