Hind Rectifiers Limited has undertaken the expansion plan at Nasik Plant for manufacturing of power supply unit for Electro Static Precipitator (ESP) – for collection of carbon dust particles in various plants; roof mounted packing unit – for air conditioning and dehumidification of AC coaches; switch board cabinet to control, operate all electrical/electronics/electro mechanical equipment installed in railway coaches; alternator – for power generation in AC/Non AC coaches; and electronic regulator cum rectifiers unit – for rectification and regulation of power generated by alternator. Approx. cost of the plan is INR 94 million. Out of total project cost of INR 94 million, company propose to fund INR 70 million by way of term loan and INR 24 million from retained earning/earlier incurred.