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Orient Green to add 60 MW of biomass capacity in four months

05 Jul 2011 Evaluate

Orient Green Power Ltd's (OGPL) 10-MW biomass-based power plant at Pollachi, Tamil Nadu, has began generating electricity. The Rs 210-crore company, part of the Chennai-based Shriram group, is an independent power producer that is exclusively into renewable energy.

This is the first of the six biomass-fired power projects that OGPL will put up between now and October. These projects will add 60.5 MW to the company's existing 40.5 MW of biomass-based power capacity.In addition, the company expects to add over 50 MW of wind power capacity over the next couple of weeks, and another 50 MW by March.  , the company has wind assets of 178 MW.

The company had planned to add the 100-MW of wind power before summer, but could not do so because the evacuation infrastructure at the chosen site — Kalangal, near Tirunelveli in southern Tamil Nadu — was very poor.With all these additional assets, the company expects to end the financial year with a total capacity of 445 MW in India.These projects will earn the crackcrack

Peers
Company Name CMP
NTPC 321.00
Tata Power 362.00
Adani Power 196.30
Power Grid Corpn. 262.20
Adani Energy Solut. 1286.65
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