Notes:
 
 Term Loan from Indian Overseas Bank is secured by way of first charge
 on the Solar Power Project assets, Wind Power Turbine and second charge
 on fixed assets of the company presently charged to Corporation Bank
 and State Bank of India. Further, it has been guaranted by the some of
 the directors of the company. The loan is repayable in 25 quarterly
 installments begining from April 2013.
 
 Represents the interest free sales tax deferment (loan) availed from
 Government of Andhra Pradesh and the repayment is based on regulations
 specified in the eligibility certificates issued by Department of
 Industries. Due with in a year is Rs. 30,76,892/- is classfied and shown
 under Other current liabilities.
 
 Notes:
 
 In case of Trade payables, Letters seeking confirmation of year-end
 balances are sent to the respective parties. Hence the Balances are
 subject to confirmation and reconcilation.Further, as per the
 informaion about the industrial status of the creditor there are no
 dues to any micro and small enterprises under the micro small and
 medium enterprises development act 2006.
 
 Notes:
 
 Secion 205 of the companies Act, 1956 mandates that companies transfer
 dividend that has been unclaimed for a period of seven years from
 unpaid dividend account to the Investor Education and Protecion Fund
 (IEPF). Accordingly, dividend pertaining to the year 2003-04 at
 Rs.3,02,066/- has been transferred to IEPF.
 
 (All amounts in Rupees, except share data and unless otherwise stated)
 
 1 Commitments and Contingent Liabilities     (Amount in Rs)
 
                                                  As at 
                                                 31.03.12       As at 
                                                               31.03.11
 
 i    Commitments/ Contingent Liabilities
 
 a Unexpired Letters of Credit                  5,290,487   110,901,697
 
 b Counter Guarantees given to the Bankers     32,676,633    68,357,203
 
 ii   Claims against the company not 
  acknowledged as debts in respect of
 
 a Excise matters, under dispute               17,317,656    17,317,656
 
 b Sales tax matters, under dispute             1,195,331     1,195,331
 
 2   Retirement and Other Employees Benefits
 
 The Company''s employee benefits primarly cover provident fund, gratuity
 and leave encashment Provident fund is a defined contribution scheme
 and the company has no further obligation beyond the contribution made
 to the fund. Contributions are charged to the Profit & Loss account in
 the year in which they accrue.
 
 Gratuity liabilty is a defined benefit obligation and is based on the
 actuarial valuation done by the Life Insurance Corporation of India.
 The gratutiy liability and the net periodic gratutity cost is actually
 determined after considering discounting rates, expected long term
 return on plan assets and increase in compensation level. All actuarial
 gain/ lossess are immediately charged to the Profit & Loss account and
 are not deferred.  The following table summarises the components of Net
 Benefit expenses recognised in the Profit & Loss account and amount
 recognised in the Balance Sheet for the respective plans.
 
 Previous years figures have been regrouped and recast wherever
 necessary to make them comparable with current year''s figures