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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Celadon Pharmaceuticals Plc | LSE:CEL | London | Ordinary Share | GB00BDQYGP38 | ORD 1P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 1.50 | 2.52% | 61.00 | 57.00 | 65.00 | 61.00 | 59.50 | 59.50 | 12,246 | 14:00:11 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Investment Advice | 149k | -7.14M | -0.1082 | -5.64 | 39.26M |
From Jul 2019 to Jul 2024
TIDMCEL
RNS Number : 1041K
Caparo Energy Ltd
11 July 2011
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA OR JAPAN
Press Release 11 July 2011
Caparo Energy Limited
("Caparo Energy" or the "Company")
First Project of 42 MW completed
The board of directors of Caparo Energy (the "Board") is pleased to announce that the Company's first project, totalling 42 MW and comprising 20 Suzlon S-88 2.1 MW wind turbine generators ("WTG"), has been connected to the grid and commissioned.
The project is currently considered by the Board to be one of the best sites available in Rajasthan and has an overall potential for over 400 MW.
As stated in the company's update on 20(th) June, the Company has entered into a 20 year Power Purchase Agreement ("PPA") with the Rajasthan State Electricity Board for the sale of power generated by the 20 WTGs at a rate of Rs. 4.22 per kWh. The project will also receive an additional incentive of 4% over and above the energy tariff, resulting in a net tariff of Rs. 4.39 per kWh. Furthermore, the project is eligible for approval under the Generation Base Incentive Scheme to earn an additional Rs. 0.50 per kWh. The Board also expects the Company to receive revenues through CER credits.
The Company also expects that its second project in Mahidad, Gujarat, comprising 12 Suzlon S-88 2.1 MW WTGs, totalling 25.2 MW will be fully completed by mid-August 2011.
Further information on the Company can be found at www.caparoenergy.com.
- Ends -
For further information please contact:
Caparo Energy Limited Ravi Kailas, Chief Executive Officer +91 40 4396 0000 Strand Hanson Limited Angela Peace / Paul Cocker / James Harris +44 (0) 20 7409 3494 Mirabaud Securities LLP Peter Krens / Rory Scott +44 (0) 20 7878 3360 Pelham Bell Pottinger Charles Vivian / Philippe Polman +44 (0) 20 7861 3232
This information is provided by RNS
The company news service from the London Stock Exchange
END
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