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Wind energy project to add 100MW power to India

Posted: 03 Oct 2014     Print Version  Bookmark and Share

Keywords:coal mine  wind energy  captive power generators 

India's central government is aggressively supporting the implementation of renewable energy projects. Just this September, the world's largest coal mining company, Coal India Ltd, revealed its plan to invest $1.2 billion in solar power projects, Clean Technica reported.

Joining this move for renewable energy is National Aluminium Company Ltd (NALCO), considered as one of the biggest aluminium production companies in the world. It has recently announced plans to install a 100MW wind energy project, which would require a $110-million investment.

Last month, the Supreme Court cancelled operations of 214 coal mines, including one owned by NALCO, one of the largest captive power generators in the country. It holds a capacity of 1,200MW.

The company revealed its wind energy project plan during NALCO's 33rd annual general meeting within days of the SC decision. In addition, NALCO also announced its plan to install a 14MW wind energy project in the mined-out area of its bauxite mines in the western state of Odisha.

The company has to deal with a huge renewable purchase obligation (RPO) since it is one of the biggest captive power generators here. Although India's RPO implementation and compliance is lax, NALCO may have to deal with pressure since it is one of the few profit-making public sector companies.

NALCO is already working on improving its renewable energy capacity. Currently, it is scouting for locations to set up solar power projects. However, coal remains NALCO's prized endeavour, which is why it is now looking at other countries—like Iran, Qatar and Indonesia—for coal mines.

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