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Textile Park and Industrial Township delayed - Vertex Spinning

05
Mar '10
Vertex Spinning Ltd has informed that the execution of the Company's Textile Park and Industrial Township with a project layout of Rs. 4000 crores at Nardhana, has been belatedly delayed mainly on account of non availability of water and electricity.

Now the Government of Maharashtra State, Department of MIDC has provided 5 MW power at Company's site. During the course of Company's meeting with MIDC, Shri Deshmukh, IAS, Jt. C.E.O. indicate the availability of water also at Company's site.

National Highway 3 is also passing adjacent to its Textile Park and heavy traffic through this High Way also started, which become as an ICON of this area. The Company will generate high volume of Revenue during the year 2011-12.

Vertex Spinning Ltd


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