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RTS Power Corpor - Closure of the Company's Salkia Factory

By Religare

RTS Power Corporation Ltd has informed BSE that the Company has built up a new state of art Factory on its own land at Dhulagori in 2008 and all the production activities which was earlier carried on at its old rented Factory at Salkia have been transferred in phases from time to time during the last five years to such new Factory at Dhulagori. Side by side Dhulagori Factory has also been expanded on a continuous basis after it was set up five years ago. Now the Salkia Unit, so far being utilised mainly for repairs of Transformers after the main operations of the said Unit was shifted to Dhulagori Unit in 2008 as said above, has been closed after the close of the business on March 31, 2013 and the Companys entire manufacturing and repairing activities in Eastern India are being carried out in Dhulagori Unit with effect from April 01, 2013. This has been done for better, efficient and economical management of manufacturing as well as repairing operations of the Company at one place.

However, manufacturing operations at the Companys other Factories at Jaipur and Agra are continuing as it is.

Read more about: rts power corporation
Story first published: Friday, May 24, 2013, 23:39 [IST]
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