Rasoya Proteins Limited (formerly known as Maharashtra Soya Industries Limited) has informed that it has executed Power Purchase Agreement (PPA) with Tata Power Trading Company Limited, Mumbai for sale of surplus power being generated from the Co-generation Captive Power Plant of 10 MW at Taluka Wani, District Yavatmal (MS).

Rasoya Proteins manufactures De-Oiled Cake, Soybean Oil, Flour for Pharmaceutical and food Industry, Flakes (Active & Inactive), Soya Protein Isolate, and Soya Snacks; Ready to eat Namkin, Bio-Fertilizers, Composts, and Rice.

The Power Generation is expected to start from February 2009.   

The board of directors of Rasoya Proteins, at its meeting held last month, has recommended dividend of 12.5% on the equity shares for the financial year ended Mar. 31, 2008.