We have co-generation plants in Deoband and Khatauli that are located in Western Uttar Pradesh ("Co-generation Business"). In a sugar mill, bagasse, which is a by-product, is used for production of electricity and steam through a co-generation plant. Co-generation plants are used to produce two forms of useful energy simultaneously i.e. electric power and steam, with the surplus electric power being supplied to the power distribution company(ies). While we have had captive power plants in our sugar mills for a number of years, we started the co-generation of electricity with the commissioning of the new co-generating plant in Deoband on December 5, 2004. This facility has a capacity of 22.0 MW and the surplus electric power is being supplied to Uttar Pradesh Power Corporation Limited ("UPPCL") under a power purchase agreement for a period of 10 years. In the Khatauli unit, in 2005, a 23 MW co-generation unit was set up as phase 1 while in 2006, another 23 MW cogeneration facility was set up as Phase II. The aggregate cogeneration capacity as on date is 68 MW out of which approx. 43-45 MW of electricity is exported to the grid.