Suryachakra Power Corporation Limited announced that it has approved the proposal to make one of the 100% subsidiary, M/s. Lahari Power & Steels Ltd. as a second level holding Company to have a clean energy vertical and to bring all existing renewable energy Power Projects activities under one roof.

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http://www.reuters.com/finance/stocks/keyDevelopments?rpc=66&symbol=SURY.BO&timestamp=20091208003000