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Gati Infra commissions 1st hydro thermal power proj in Sikkim

By PTI | 2 May, 2013, 07.13PM ISTPost a Comment

NEW DELHI: Gati Infrastructure today said it has commissioned its first 110 MW hydro thermal power plant in Sikkim.

" Gati Infrastructure Ltd...commissioned its first 110 mw hydro power plant in Sikkim," the company said in a statement.

The company had entered into a pact with the Sikkim government for implementing three hydro power projects on build, operate, own and transfer basis (BOOT).

"The commissioning of the hydro power project is a big milestone in the history of Gati Group. Being a logistic expert our success into the power sector --a completely diverse industry -- is a huge achievement," founder and CEO of Gati Ltd Mahendra Agarwal said in the statement.

Gati Infrastructure is a subsidiary of Amrit Jal Ventures Ltd (AJVL) promoted by Agarwal.

AJVL is implementing two more hydro electric power projects in Sikkim--54 MW Bhasmey Hydro Electric project (under construction) and 71 MW Sada Mangder project, the statement said.

http://economictimes.indiatimes.com/news/news-by-industry/energy/power/gati-infra-commissions-1st-hydro-thermal-power-proj-in-sikkim/articleshow/19838519.cms

New India Express

Indiatimes.com

Gati Infra commissions 1st hydro thermal power proj in Sikkim

By PT I | 2 May, 2013, 07.13P M ISTNE W DE L H I : Gat i In f ras t r u c t u r e today said it has comm i ss i o n e d its f i rs t 1 10 M W hyd r o therma l powe r plan t in Sik k i m .

" Gat i In f r as t r u c t u r e Lt d. ..comm i ss i o n e d its f i rs t 1 10 mw hyd r o powe r plan t in Sik k i m ," the compan y said in a statemen t.

The compan y had entered into a pact w i t h the Sik k i m gove r n m e n t for imp l em e n t i n g three hyd r o powe r pro jec t s on bu i l d, opera te, own and trans fe r bas is (BOOT).

"The comm i s s i o n i n g of the hyd r o powe r pro jec t is a big mi l es t o ne in the his to r y of Gat i Group . Be i n g a log is t i c exper t our success into the powe r secto r --a comp l e t e l y di ve rse indus t r y -- is a huge ach ie vem e n t ," founde r and CEO of Gat i L t d Mahe n d r a Aga r w a l said in the statemen t.

Gat i In f r as t r u c t u r e is a subs i d i a r y of Am r i t Jal Ven t u r es Lt d (AJV L) prom o t e d by Aga r w a l .

AJ V L is imp l em e n t i n g two more hyd r o elec t r i c powe r pro jec ts in Sik k i m- -54 M W Bhasme y Hyd r o Elec t r i c pro jec t (under cons t r u c t i o n) and 71 MW Sada Man g de r pro jec t, the statemen t said. ht tp://econom i c t i m e s. i n d i a t i m e s.c om/news/news- by- indus t r y/ener g y/powe r/gat i-

in f ra- comm i s s i o n s- 1st-hyd r o- therma l- powe r- pro j- in-sik k i m/ar t i c l esh o w/198385 1 9.cms

PTI

Gati Infra commissions 1st hydro thermal power proj in Sikkim New Delhi, May 2 (PTI) Gati Infrastructure today said it has commissioned its first 110 MW hydro thermal power plant in Sikkim.

"Gati Infrastructure Ltd...commissioned its first 110 mw hydro power plant in Sikkim," the company said in a statement.

The company had entered into a pact with the Sikkim government for implementing three hydro power projects on build, operate, own and transfer basis (BOOT).

"The commissioning of the hydro power project is a big milestone in the history of Gati Group. Being a logistic expert our success into the power sector --a completely diverse industry -- is a huge achievement," founder and CEO of Gati Ltd Mahendra Agarwal said in the statement.

Gati Infrastructure is a subsidiary of Amrit Jal Ventures Ltd (AJVL) promoted by Agarwal.

AJVL is implementing two more hydro electric power projects in Sikkim--54 MW Bhasmey Hydro Electric project (under construction) and 71 MW Sada Mangder project, the statement said.

Hans India

moneycontrol.comMay 02, 2013, 08.08 PM IST

Gati Infra commissions 110 MW Hydro Electric Power Project

Gati L t d has in f o r m e d BSE regard i n g a Press Release dated Ma y 02, 2013, ti t l ed "Gat i In f r as t r u c t u r e L i m i t e d comm i ss i o n s 1 10 MW Hyd r o Elec t r i c Powe r Pro jec t in Sik k i m " Gat i In f r as t r u c t u r e L i m i t e d is a subs i d i a r y of Am r i t Jal Ven t u r es L i m i t e d promo t e d by Mahen d r a Aga r w a l , founde r and Ch ie f Execu t i v e Of f i c e r of log i s t i c s compan y Gat i L i m i t e d . Gat i In f r a had entered into an agreemen t w i t h the Sik k i m Gove r n m e n t to imp le me n t three hyde l powe r pro jec t s on bui l d, opera te, own and trans fe r basis. The f i rs t pro jec t of 1 10 M W Chuzache n hyd r o pro jec t on Rangp o and Rong l i ri ve rs has been comm i ss i o ne d and begun to sel l powe r. Th is is the f i rs t pro jec t by an independe n t powe r produ ce r in Sik k i m The plan t is di rec t l y connec t ed to the Cen t ra l Transm i ss i o n Ut i l i t y (nationa l gr i d) throug h a 24 km ded i ca ted transm i ss i o n l ine and w i l l be able to del i v e r powe r across the coun t r y .So u r c e : BSEhttp://www.m o n e y c o n t r o l . c o m/news/anno u n ceme n t s/-gat i- in f r a-comm i s s i o n s- 1 10-mw- hyd r o- elec t r i c- powe r- pro jec t _863723.h t m l

equitybulls.com

Gati Infrastructure Ltd commissions 110 MW Hydro Electric Power Project in SikkimGati Infrastructure Limited had entered into an agreement with the State Government of Sikkim to implement 3 hydro power projects on a Build, Operate, Own and Transfer basis (BOOT). The first project - 110MW Chuzachen Hydro Project on Rangpo and Rongli rivers has been commissioned and started producing and selling power.

This is the first IPP (Independent Power Project) in hydroelectric power sector in the State of Sikkim and the 7 sisters of North East. The plant is directly connected to the Central Transmission Utility (National Grid) through a 24 km dedicated transmission line and will be able to deliver power across the country.

Shares of Gati Ltd was last trading in BSE at Rs.29.40, up by Rs.0.75 or 2.62%. The stock hit an intraday high of Rs.29.95 and low of Rs.29.

The total traded quantity was 0.56 lakhs compared to 2 week average of 0.40 lakhs.

Source: Equity Bulls

Posted On: 2013-05-02 20:35:49 http://www.equitybulls.com/admin/news2006/news_det.asp?id=119813

myiris.com

Gati Infra commissions 110 MW hydro power project in SikkimSou rce: IR IS (02-M A Y- 13)

Gat i In f ras t r u c t u r e (GIL), a subs id i a r y of Am r i t Jal Ven t u r es (AJV L)

prom o t e d by Mahen d r a Aga r w a l , founde r and CEO of Gat i comm i s s i o n e d its f i rs t 1 10 M W Hyd r o Elec t r i c Powe r Plan t in Sik k i m .

Gat i In f ras t r u c t u r e had entered into an agreemen t w i t h the state

gove r n me n t of Si k k i m to imp l eme n t three Hyd r o Powe r pro jec ts on a bu i l d , own and trans fe r basis (BOOT). The f i rs t pro jec t -1 10 MW Chuzac hen Hyd r o pro j ec t on Rangp o and Rong l i ri ve rs has been comm i s s i o n e d and started prod uc i n g and sel l i n g powe r. Th is is the f i rs t IPP (idenpenden t powe r pro jec t) in hyd r oe l e c t r i c powe r secto r in the state of Sik k i m and the seven sisters of No r t h East. The plan t is di rec t l y connec ted to the cent ra l transm i ss i o n ut i l i t y throu g h a 24km ded i ca ted transm i ss i o n line and w i l l be able to del i v e r powe r across the coun t r y .

Speak i n g on the occas i o n Mahendra Agarwal, founde r and CEO Gat i said, ''The comm i s s i o n i n g of the hyd ro powe r pro jec t is a mi l es t o ne in the histo r y of the Gat i grou p. Be i n g a log is t i cs exper t our success into the powe r secto r- a comp l e te l y di ve rse indus t r y is a huge ach ie vemen t . It was not easy at al l. Team wo r k and ded i ca t i o n has helped us surpass al l odds righ t from the techn i c a l 's gl i t c hes to f inances. Its momen t o us occas i on for al l of us at Gat i and we hope to con t i n ue to bu i l d trus t and value fo r our shareho l de r s.' '

Shares of the compan y gained Rs 0.75, or 2.62%, to sett le at Rs 29.40. The tota l vo l u me of shares traded was 55,856 at the BSE (Thursday).

http://my i r i s.com/newsCe n t r e/sto r y S h o w . p h p? f i l e R = 20 1 30502 1 7 1 6467 1 5 & d i r = 20 1 3/05/02

thehindubusinessline.comGati Infra commissions hydel project in Sikkim

Hyde ra bad, Ma y 2:

Gat i In f r as t r u c t u r e L td has comm i s s i o n e d its f i rs t 1 10 M W hyd r o elec t r i c powe r plan t in

Sik k i m .

Acc o r d i n g to the compan y , they have invested abou t Rs 1,150 cro re in the hyde l pro je c t.

The compan y is a subs i d i a r y of Am r i t Jal Ven t u r es L td prom o t e d by Mahen d r a Aga r w a l ,

Founde r and Ch ie f Execu t i v e Of f i c e r of log i s t i c s compan y Gat i Lt d. Gat i In f ra had entered into

an agreemen t w i t h the Si k k i m Gove r n m e n t to imp l e me n t three hyde l powe r pro jec ts on bu i l d,

opera te, own and trans fe r basis. The fi rs t pro je c t of 1 10 M W Chuzac he n hyd r o pro jec t on

Rangpo and Rong l i ri ve rs have been comm i s s i o n e d and have begun to sel l powe r.

Th is is the f i rs t pro je c t by an indepen den t powe r produ ce r in Si k k i m and the seven siste rs in the

No r t h- East, Gat i said. Mahen d r a Aga r w a l in a statemen t said the comm i s s i o n i n g of the hyde l

pro je c t is a big mi les t o ne in the histo r y of Gat i Grou p. Be i n g a log i s t i c s compan y , the entr y into

powe r is an unre la te d dive rs i f i c a t i o n .

The plan t is di rec t l y connec ted to the Cen t ra l Transm i ss i o n Ut i l i t y (nationa l gr i d) throu g h a 24-

km ded i ca ted transm i ss i o n l ine and w i l l be able to del i v e r powe r across the coun t r y .

The express dist r i b u t i o n and supp l y cha i n compan y Gat i L td, TC I Finance Lt d are shareho l d e r s

of the compan y Am r i t Jal Ven t u r es Lt d, wh i c h is imp l eme n t i n g two more hyde l powe r pro jec ts

in Si k k i m .

These inc l u de a 54-MW Bhasme y hyd r o elect r i c pro je c t and 71 M W Sada Man g da r pro jec t.

Gat i shares closed the day at Rs 29.40, up 2.62 per cent on the BSE.

rish i k u m a r . v u n d i @ t h e h i n d u . c o. i n

ht tp://www. t he h i n d u b u s i n ess l i n e.com/com p a n i e s/gat i- in f ras t r u c t u r e- comm i s s i o n s- 1 10-mw-

hyde l- pro je c t- in-sik k i m/ar t i c l e4677029.ece

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