Era Infra Engineering Ltd, which is expanding its horizon to the power sector, plans to establish a thermal power plant of 1200 MW in Madhya Pradesh. The company has taken steps for obtaining various clearances and permissions from concerned departments.
It has entered into an agreement for the purchase of land at Jatwar village.
Era Infra shares were at Rs 573, down 0.77 per cent from Wednesday's close. The stock had touched an intraday high of Rs 580 earlier.
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