Business Daily from THE HINDU group of publications Saturday, Sep 19, 2009 ePaper | Mobile/PDA Version | Audio | Blogs |
|
|
|
|
|
Home Page
-
Non-conventional Energy Corporate - Outlook States - Tamil Nadu Vestas turbines for Rs 600-cr CLP wind farm in TN
Our Bureau Chennai, Sept. 18 Vestas India has bagged an order to supply 60 wind turbines for a Rs 600-crore wind farm to be set up by the CLP group in Tamil Nadu. According to a press release from Vestas Wind Systems A/S, Denmark, Vestas India will supply 1.65 MW wind turbines for the 99-MW wind farm to be set up in Theni, Tamil Nadu by the CLP group. The delivery of turbines from Vestas’ Chennai plant is to start from the fourth quarter of 2009 for the project to be commissioned in January 2010. The contract includes supplying and commissioning the turbines, installing an online monitoring system and a 10-year service and maintenance agreement. Mr Arvind Kaul, Managing Director, Vestas India, said that the order is a “good addition” to 2,000 MW of Vestas’s wind energy generators operating in India. It strengthens the company’s presence in one of its largest markets. According to industry experts, this is the first large independent power producer model wind farm project in Tamil Nadu. This has been made possible by the attractive Rs 3.39 a kWh tariff for wind energy projects in Tamil Nadu. Till now, such IPP model wind energy projects were largely confined to Maharashtra, Gujarat and Karnataka.
The order from CLP is one of the largest single deals of its kind in Tamil Nadu, which has nearly half the country’s installed capacity of wind power, he said. According to CLP officials, the project estimated at about $125 million follows the favourable policy environment for wind energy in the State. The company is in the process of finalising the project details. The Hong Kong-based CLP Group is among the largest foreign investors in the power sector, including wind power generation, in India. Through its subsidiaries here, CLP has about 230 MW of wind power projects, in Maharashtra, Gujarat and Karnataka. The release quoting Mr Rajiv Mishra, Managing Director, India, CLP, said that the project in Theni adds to its current renewable portfolio of 350 MW of wind power in the country. Vestas does not see any cancellation of orders Vestas opens R&D centre in Chennai, its 2nd largest Wind power industry upbeat on generation incentive More Stories on : Non-conventional Energy | Outlook | Electrical Goods | Tamil Nadu
Article E-Mail :: Comment :: Syndication :: Printer Friendly Page
|
|
The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription Group Sites: The Hindu | The Hindu ePaper | Business Line | Business Line ePaper | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |
Copyright © 2009, The
Hindu Business Line. Republication or redissemination of the contents of
this screen are expressly prohibited without the written consent of
The Hindu Business Line
|