Kallam Textiles updates on hydroelectric plant in Telangana

18 Aug 2022 , 09:22 AM

Kallam Textiles Limited has informed to the exchanges regarding Standing clearance issued by the Telangana SLDC.

The Company had Built and Commissioned Mini Hydroelectric Plants of 4MW capacity at Nelakondapalli, Khammam DT, Telangana State on January 29, 2002 & entered into PPA with TSNPDCL. The company has completed 20 Years Power purchase Agreement with TSNPDCL on January 29, 2022. Subsequently it had canal closure period.

Kallam Textiles has now applied to TSNPDCL for allowing it for the sale of power through open access arrangement to IEX. On getting due NOC from TSSLDC (State Load dispatched Centre) for sale of power we started selling power through IEX w.e.f August 11, 2022.

At around 9:21 AM, Kallam Textiles Ltd was trading at Rs12.75 per share up by Rs0.05 or 0.39% from its previous closing of Rs12.70 per share on the BSE.