Wednesday, June 18, 2008

ICSA India receives approval for setting up Wind Power Project - June 18, 2008

ICSA India Ltd has informed that the Company has been awarded the permission by the Board of Non-Conventional Energy Development Corporation of Andhra Pradesh Ltd (NEDCAP) to set up a 20 MW Capacity Wind power project in Anantapur district of Andhra Pradesh.

This will enhance the revenues and shall reduce the Income tax burden of the Company.

Necessary steps will be taken up for entering into the power purchase agreement with DISCOM and to expeditiously complete the setting up of this Wind farm

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