Chandigarh, Feb 20 (UNI) The Haryana Renewable Energy Development Agency (HAREDA) today signed MoUs with seven Independent Power Producers (IPPs) to generate 686 MW of power through 21 biomass and four wind energy based power projects at a total cost of Rs 3,300 crore.
The MoUs were signed in the presence of Chief Minister Bhupinder Singh Hooda and Deputy Chief Minister Chander Mohan here.
Mr Hooda asked the IPPs to ensure early completion of these projects in a time bound manner. ''Energy being the upper most ingredients for growth and development, the present government has given top priority to harness all sorts of energy through launching of several projects.'' The 2005 notification on policy to encourage the private investors to set up renewable energy power projects in the state was a step towards this direction.
Financial Commissioner and Principal Secretary, Renewable Energy Department, S C Chaudhary said the biomass based power projects would generate 246 MW of power and the wind energy based power projects would produce 440 MW power and these would start generation of power by mid - 2009.
Director, Haryana Renewable Energy Department and HAREDA, Sumita Misra signed Memoranda of Understanding (MoU) with seven Independent Power Producers (IPPs) on behalf of HAREDA.
For setting up of biomass power projects, the MoUs were signed with five IPPs-- M/s Starwire India Ltd, New Delhi, M/s Gammon India Ltd, Mumbai, M/s Tecpro Energy Pvt Ltd, Chennai, M/s Jyoti Biomass Power Ltd, Hyderabad and M/s Turboatom-TPS Projects Ltd, New Delhi.
For wind energy based power projects, the MoUs were signed with two IPPs--M/s Suzlon Energy Ltd, Pune and M/s Enercon India Ltd, Mumbai.
Ms Misra said the power generated by these projects would be purchased by the Power Utilities on the tariff decided by the Haryana Electricity Regulatory Commission as per provisions in the Electricity Act, 2003.