Manufacturer, Indian Farmers Fertiliser Cooperative (IFFCO) Ltd. said Wednesday that it plans to go public in its power project IFFCO Chhattisgarh Power Limited (ICPL).
ICPL is a joint venture between a multi-billion dollar cooperative giant IFFCO Chhattisgarh Power and Holding Company Ltd.
"Having been the last to go for stage one of the forest clearance is my Tara coal blocks the Ministry of Environment and Forests, Rs. 7544 crore is 1320 MW thermal power project is a take-off stage. Private Land Acquisition has been completed and all statues of driver's license, the project will start production in 2015, "IFFCO, said the release.
U.S. Awasthi, Managing Director, IFFCO, said: "We were waiting for forest clearance The preparatory work for setting up this mega power project has been initiated sync with our strong commitment to farmers and cooperatives that we offer 5-10% discount to retail investors, farmers, and cooperation from people Chhattisgarh join our .. public offering, subject to approval of market regulator. "
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