Suzlon's Rs 500 crore wind energy foray in Punjab

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Chandigarh, Dec 13 (UNI) The Punjab State today achieved a major breakthrough in the field of renewable energy as the multi-national company Suzlon Gujarat Wind Park signed two MoUs with Punjab Energy Development Agency (PEDA) for the setting up of two Wind Power Projects of 50MW each (total 100 MW) in Hoshiarpur district and Mukatsar district at an estimated cost of Rs 500 Crore.

The MoUs were signed between Chief Executive, PEDA, T.P.S. Sidhu and Atul Shah, Director of Suzlon Gujarat Wind Parks in the presence of punjab Science and Technology Minister Bikram Singh Majithia.

Speaking on the occasion Mr. Majithia said that this was a major initiative of the Punjab Government to fulfill the commitment of generation of 1500 MW power through renewable sources. The Minister said that the Punjab was in for new era by exploiting all natural resources to garner to additional capacity to decrease the deficit so that State becomes power surplus in next 4 years.

He said that so far producing power from wind mills was not so successful as the feasibility trials were conducted at the height of 30 to 40 meters whereas Suzlon with latest international Technology would generate power by changing the height of wind mills to 70 to 80 meters.

Mr Majithia said that Punjab Government, with focus on renewable energy, would produce 250 MW Power through cogeneration, 325 MW through Biomass generation and 25 MW by Mini-Hydro projects.

The Minister said that with the signing of MoUs with Suzlon for development of 100MW wind power projects in the state and renewable energy power projects with aggregate capacity of 1200 MW have been tied up and projects of 56MW have been commissioned.

The company has a production capacity of 3000MW of Wind Turbines per annum with a group turnover of Rs. 5,000 crore. The company has already commissioned 2500MW wind power projects.

Mr Majithia said that the State Government was committed to develop the renewable energy resources in the state and the state NRSE Policy-2006 under self-identified sites or projects provides incentives for the setting up of such environment-friendly projects for power generation in the state.

He further informed that PEDA is already developing Biomass Power Projects, Co-generation and Micro Hydel Projects. Major efforts were being made to harness the power generation potential for wind as well as solar energy.

A target for development of renewable energy projects of capacity 1581MW has been fixed for harnessing during the next three years.

Mr Majithia informed that India is the fourth largest wind power producer in the World and had an installed capacity of 7660 MW as on September 31, this year.

Speaking on the occasion, Director, Suzlon Atul Shah said that the Company has chalked out a major programme to expand operations in North India and investor-friendly Punjab was their first Choice to consolidate the operations of their company in this area.

He said that the company has introduced new technology to produce wind energy at the height of 70 to 80 meters making it possible for the company to expand its operations in non-coastal areas like north India .

Mr Sidhu informed that PEDA had earlier signed an MoU with Germany-based Enercon for wind resource assessment, which had installed a wind mast of 101 Mtr. height at Kambala village in Hoshiarpur district. After the completion of wind resource assessment, this company will submit a feasibility report to PEDA for the setting up of wind power projects based on their site wind data.

Secretary, STE and NCES, M.P. Singh said that Punjab government as per its NRSE Policy-2006 shall provide a feed in tariff of Rs 3.49 per unit (base year 2006-07) with 5 annual escalations at the rate of 5 per cent upto 2011-12 and PEDA shall provide a complete facilitation to the companies for setting up of these power projects in the state.

UNI

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