In March, 2015, we, through our subsidiary Spectrum Coal and Power Limited, have acquired 91.93% equity stake in S V Power Private Limited. S V Power Private Limited was incorporated on September 17, 2003 with the Registrar of Companies, Andhra Pradesh as a private limited company.
S V Power Private Limited is currently engaged in the business of coal beneficiation and thermal power generation. The company has set up 2.5 MTPA coal washery and 60MW coal reject based power plant at village Renki, Korba, Chhattisgarh.
The registered office of SVPPL is located at 8-2-293/82/A/241/A, SSC-3, Rajala Centre, 4th Floor, Road No, 36, Jubilee Hills, Hyderabad-500 033.