CIAN Agro Industries and Infrastructure achieves milestone with step-down subsidiary in energy production

CIAN Agro Industries and Infrastructure Ltd. (CIAN) has announced a significant milestone in its infrastructure division, marking a breakthrough in energy production efficiency and capacity. This achievement comes through its wholly owned step-down subsidiary, Ideal Energy Projects Ltd. (IEPL), which delivered record-breaking power generation and export levels in November 2024.

The expansion of CIAN’s infrastructure division was facilitated by the acquisition of Manas Power Ventures Pvt. Ltd. (MPVPL) in September 2024. As a result, IEPL, a wholly owned subsidiary of MPVPL, became a step-down subsidiary of CIAN. Located near Village Bela in Umred, Nagpur, IEPL operates a 270 MW coal-based thermal power plant, positioning it as a key player in the private Independent Power Plants (IPPs) sector.

During November, IEPL achieved an impressive capacity utilisation rate of 88.03%, securing its position among the top 10 private IPPs. This operational efficiency underscores CIAN’s focus on enhancing energy production milestones and bolstering energy security in the region. The company highlighted that this achievement not only represents a leap in its energy infrastructure capabilities but also aligns with its broader goals of sustainable growth and stability.

An industry spokesperson explained that the milestone reflects the company’s commitment to addressing India’s growing energy demands while maintaining operational sustainability. IEPL’s record performance underlines the reliability of its infrastructure and showcases the potential of coal-based thermal energy to deliver consistent results.

Looking forward, CIAN intends to leverage this momentum to further expand its energy production capacity. Plans are in place to enhance supply potential through IEPL, with a focus on maintaining high levels of operational efficiency and output in the coming months.

This achievement serves as a testament to the company’s strategic acquisitions and operational expertise, strengthening its foothold in India’s energy market. With a robust infrastructure division and a commitment to innovation, CIAN aims to continue making strides in energy production and infrastructure development.