New Delhi: MSPL Limited, the flagship company of Baldota Group, and the leading private sector company in iron ore mining and exports and gases establishments in India, has been awarded the "highest investor award in renewable energy for 2004-05.
Rahul N. Baldota, director, Baldota Group, received the award at the Rajiv Gandhi Akshay Urja Diwas function organised by Karnataka Renewable Energy Development Limited (KREDL) on Saturday.
MSPL has a total installed capacity of 140mw of wind energy at an investment of about Rs650 crores. MSPL Limited along with group companies exports about 385 million units of energy to the Karnataka State grid per annum.
MSPL also plans to diversify into hydro power generation projects in the Nethravathy basin and also in Tunga basin in Karnataka and enter into power trading and power distribution