Shikhar Commodities acquires 8 MW biomass plant

Picture credit: Von Sensenschmied, https://commons.wikimedia.org/w/index.php?curid=31763643

The company M/s Shikhar Commodities has acquired an 8 MW biomass power plant located in the federal state of Chhattisgarh from M/s Vandana Vidyut Limited.

The source does not provide the plant’s exact location. According to a ruling by the Chhattisgarh Authority of Advance Ruling (AAR), the sale of the biomass plant “as a going concern” is a supply of goods and liable to Goods and Services Tax (GST).

The source provides several additional information on the sale, including, amongst others, the e-auction process.

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