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Lakshmi Energy and Foods to set up 53 MW biomass plant

Lakshmi Energy and Foods, which is currently running up a 30 MW plant at Khamanon (around 45 kms from Chandigarh) is planning to add another unit of 53 MW. This will entail an investment of Rs.2000 million and likely to be met from internal accruals and debt. The new plant unit will become operational in 2 years time. The plant will use multi-fuel technology, but will majorly use rice husk, which the company generates as it is the largest processor of paddy in Punjab.

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