Agartala: A meeting of technical experts from India and Bangladesh would be held here on November 3 for drawing the radial inter connection line for transportation of power to Bangladesh.
Stating this Tripura State Electricity Corporation Ltd (TSECL) Chairman and Managing Director S K Roy said today 100 mw power from the 726 mw thermal power project at Palatana in Gomati district would be transported to Bangladesh.
While it was decided by the two countries that the power would be transported from Suryamaninagar power sub-station here to Comilla district of Bangladesh, the meeting would decide about the route of transportation, he told reporters.
The newly constructed Suryamaninagar sub-station in West Tripura district was erected with installed capacities for international power trading, Roy said adding the cost of transportation of power would be borne by Power Grid Corporation of India Limited.
Meanwhile, ONGC sent natural gas to Palatana project during the day for power generation by the plant's second unit, which is expected to become operational in the current year, V P Mahawar, General Manager of ONGC-Tripura Asset said.
The plant now generates 363 mg watt power, he added.
PTI
Shriram City Union Q2 Net up 8.66%
Chennai: Shriram City Union Finance has reported a 8.66 per cent increase in second quarter net profits at Rs 138 crore.
The city-based company, which is the retail lending division of the Shriram Group, had reported Rs 127 crore during the corresponding period of previous year.
"Our company's growth in its core areas of financing small businesses, two wheelers and against gold continues to be robust. The advent of a long festive season should see us registering an even stronger performance in second half of this fiscal," Shriram City Union Finance Director G S Sundararajan said.
He said assets under management stood at Rs 15,557 crore for the period ending September 30, 2014. The Capital Adequacy Ratio stood at 30.44 percent, he said.
The company has declared an interim dividend of Rs 4.50 per equity share of Rs 10 each, the statement said.
