Renewable Power Generation
Our contribution in India’s Power Generation sector
The Company has asset-light renewable energy portfolio with long term PPAs in place. It has over a decade of experience in operating wind energy projects with 35.2 MW operational generation capacities in Gujarat and Karnataka. The Company in association with West Bengal Green Energy Development Corporation Limited has set up a Photo Voltaic Solar Power Plant, located in Jamuria area of West Bengal with an annual capacity of 2 MW. It is a first grid connected solar power plant in India. India Power Corporation Limited through IPCL Pte Limited, has during the year under review partnered to implement the first 100 MW Solar Project in Albania, a project launched by the Government of Albania to diversify energy resources in Albania and lead the way in turning Albania into a centre of solar power.
Our Future Growth Strategy The Company is continuously looking for opportunities in renewable space since it wants to maintain a balance of both conventional and non-conventional sources of energy. In addition, the Company is also actively looking at opportunities in Waste to Energy segment.
India Power Corporation Limited has over a decade of experience in operating wind energy projects. It has installed 35.2 MW Wind Power plants. Just as sustainability is at the core of any renewable energy business, India Power too believes in harnessing the good in energy to add quality to everyday life. People are our strength and partners for growth. The Company believes in progressing with its partners in addressing the evolving needs in today’s changing energy landscape.
Key Highlights
- The Company operates the wind projects on an asset-light model, wherein, it exclusively administers the wind farms for a fixed lease payment.
- All projects have secured long-term PPAs
- The Company ensures energy availability of above 90% and a Plant Load Factor (PLF) of over 18% across all units
State |
District |
Project Capacity |
Commercial Operation Date |
PPA Terms & Authority |
Tariff INR/kwh |
|---|---|---|---|---|---|
|
Karnataka
|
Chitradurga
|
10.4MW
|
March 2006
|
20 Years-executed with Bengalore Electricity Supply Company Limited
|
3.4
|
|
Gujarat
|
Rajkot,Jamnagar and Kutch
|
24.8MW
|
March 2007
|
20 Years-executed with Gujarat Urja Vikas Nigam Limited
|
3.37
|
West Bengal Green Energy Development Corporation Limited in association with India Power Corporation Limited had set up a 2 MW Photo Voltaic solar power plant in Jamuria, West Bengal. Power generated from this solar plant is directly fed into the Company’s Distribution License area at Asansol. The solar plant has helped to reduce 0.7 metric tons of CO2 emission per day.
Key Highlights
- First in India to cross the Megawatt threshold in solar
- First grid connected solar power plant in India
- First significant climate responsive project in South Asia
