GMR Infrastructure announced that GMR Vemagiri Power Generation (GVPGL) has commenced generation of power by synchronization of APTRANSCO grid.
The plant is expected to generate power at 60% Plant Load Factor (PLF) from the RLNG that is made available by Andhra Pradesh Government and Telangana Government through GAIL (India).
This arrangement is available till April 30, 2015 and may be extended further based on the requirement of power for the both the States of Andhra Pradesh and Telangana.
Shares of the company declined Rs 0, or 0%, to trade at Rs 16.80. The total volume of shares traded was 29,992 at the BSE (9.16 a.m., Monday).