Brief: Indraprastha Gas Incorporates Joint Venture Co To Set Up Integrated Smart Meter Manufacturing Plant
17/07/2023 10:59
July 17 (Reuters) - Indraprastha Gas Ltd IGAS.NS :
* INCORPORATION OF JOINT VENTURE COMPANY
* JV TO SET UP INTEGRATED SMART METER MANUFACTURING PLANT
WITH
CAPITAL EXPENDITURE OF 1.1 BILLION RUPEES
* SMART METER MANUFACTURING PLANT SHALL HAVE INSTALLED
CAPACITY TO
MANUFACTURE 1 MILLION METERS ANNUALLY
* PLANT PLANNED TO BE OPERATIONAL BY APRIL 2024
Source text for Eikon: ID:nNSEvTktv
Further company coverage: IGAS.NS
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