Mammooty adds power to his portfolio
- IndiaGlitz, [Friday,November 25 2005]
Power is slowly emerging as a new-found potential area of investment among the high network individuals in the country.
Several film stars, cricketers and businessmen have started to invest in windmills and other renewable energy sources.
One such actor who seems to have invested in a windmill project in Tamil Nadu is Mammootty.
When asked the reason, he says, 'it is a feel-good sector where there would be comfortable returns. It is easy to get bank finance and also I could avail some tax benefits by investing in non-conventional energy'.
More than anything it is not harmful and non-pollutant, he adds.