Construction of the terminal at the Hamriyah Free Zone, Sharjah, UAE is on track and well within its projected time line of September 2016. The petrochemical and petroleum terminal we are proud to say will be the first facility of its kind in the region to offer distillation, hydrogenation and fractionation process. The group is very excited about the vast new business opportunities and possibilities with its completion and are working hard to ensure it keeps original timelines.
We are in advance stages of implementation of capacity building of existing wind farms across India and in talks for long-term distribution contracts with various State Electricity Distribution Companies. We are also exploring avenues to strengthen electricity generation at our existing facilities at at Tenkasi in State of Tamil Nadu and Satara in State of Maharashtra.
Construction of the terminal at the Hamriyah Free Zone, Sharjah, UAE is on track and well within its projected time line of September 2016. The petrochemical and petroleum terminal we are proud to say will be the first facility of its kind in the region to offer distillation, hydrogenation and fractionation process. The group is very excited about the vast new business opportunities and possibilities with its completion and are working hard to ensure it keeps original timelines.
We have recently moved to our New Corporate House at Veritas House, 70, Mint Road, Fort, Mumbai 400 001.
We are currently exploring possible areas in the region of North Eastern States of India to set up new rubber plantations under contract farming. The rubber industry is growing in this region and we will be contributing to its growth but at the same time ensure that we do so in a sustainable and eco friendly manner.