GIL to set up power plant in West Bengal

Graphite India Ltd (GIL) plans to set up a 50 MW plant in West Bengal, entailing an investment of Rs 214 crore. The power plant would come onstream within two years, in tandem with the proposed 10,500 tpa capacity expansion for the graphite electrodes unit there. The company is likely to fund the two projects at a total cost of Rs 400 crore through internal accruals. Contact: Graphite India Ltd. Tel: 033-4002 9600. Fax: 033-2249 6420. Website: www.graphiteindia.com