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Captive Power Plant:
Presently
we have installed 4 Windmills of total 3.0 MW capacity which
is currently taking care of the entire power requirements
of the group. The company is planning to add couple of more
machines to take care of the future needs.
The company gets total capital investment for depreciation
and for the first 10 years the value of power generation is
exempted from income tax which becomes a tax free accountable
money and the same would be 18.5 lakhs unit x 4 machines x
Rs.4/unit = Rs.296.0 Lakhs/annum x 10 years = Rs.2960.0 Lakhs,
which can be booked as a direct tax free revenue.
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