After having operationalised five winds farms in India, CLP Power India Private Ltd, a wholly owned subsidiary of Hong Kong Stock Exchange listed CLP Holdings Ltd, aims to develop wind power projects to the tune of 200 Mw every year. Apart from this, it is also mulling to set up its first ever solar power project in India.
As part of its strategy to have total 446 Mw of wind power capacity, CLP India is currently executing wind power projects with a cumulative capacity of around 263 Mw in Gujarat, Karnataka, Tamil Nadu and Mahashtra, while it has already operationalised 181.5 Mw wind power plants in India. The company further plans to set up another wind power project of not less than 50 Mw in Rajasthan as well.
"Typically, we aim to develop wind power projects to the tune of 200 Mw in India every year," said Rajiv Mishra, managing director, CLP India, which already has commissioned 655 Mw gas-fired power plant at Paguthan in Gujarat.
The company has the permission of ministry of environment to expand the capacity of its Bharuch plant by ad itional 1050 Mw. "We will go ahead with the expansion subject to availability of gas for the power project," he added.
Another supercritical coal-fired power plant of the company is being developed at Jhajjar in Haryana. "Roughly Rs 5,000 crore capex would be required for our power projects in India, which are at various stages of construction," Mishra informed. The company had worked out a capital expenditure of Rs 10,000 crore for creation of around 2421 Mw power capacity in India and it hopes to commission all the ongoing projects by April 2012.
In fact, the company intends to set up more gas, coal, hydro and wind power projects in reform oriented states of India.
More From This Section
"We have decided to put up our first solar power project in India, location of which has not been identified. It would be a small solar power unit of around 5-10 Mw," added Andrew Brandler, chief executive officer, CLP Holdings Ltd.
Ultra mega power projet is also an area of interest for the company. "We have also bid for two transmission lines projects in Rajasthan, where we are mulling to set up wind power project of not less than 50 Mw capacity," revealed Rajiv Mishra. CLP India is also interested in diversifying into power distribution business.