At meeting held on 07 August 2018
The Board of Trident at its meeting held on 07 August 2018 has approved to implement Captive Cogeneration Steam and Power Plant (Steam 2 X 150 TPH & Power 2 x 30 MW) generating facility for meeting its power and steam requirement for the Yarn, Terry Towel and Sheeting units at Budni, Madhya Pradesh. The investment of Rs 546 crore required would be funded to the extent of Rs 381 crore through external borrowings and Rs 165 crore through internal accruals.The proposed Cogeneration facility will reduce dependence of the Company on external power, ensure uninterrupted 24x7 supply of regulated power & steam for its continuous running textile units at Budni, Madhya Pradesh and will also help in reducing power and steam costs thereby contributing in margin expansion by ~200 basis points.
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