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PPA soon for Patgaon mini hydel project

ProjectsToday: Shree Tatyasaheb k Sahakari Sakhar Karkhana is likely to sign the power purchase agreement with Maharashtra State Electricity Board for the 2.5- mw mini, hydel power project at Patqaon in Bhudargad taluka of Koihapur district is likely to be signed by September this year.

The project is estimated to cost Rs 15 crore and will be funded through bank loans and remaining 10 per cent through internal accruals. Financial closure of the project has been achieved.

At present, civil work is under way and 60 to 70 per cent of project work is complete with full completion of the project expected by the end of 2008.

Published in Projectmonitor issue: April 21, 2008