03 JUNE 2011Economic Times
Nalco to set up Rs 274 Cr wind power project in AP
Edited by : AL CIRCLE
1 min read
As part of its diversification plans, the aluminium major National Aluminium Company Limited (NALCO), has decided to start a 50.4 MW Wind Power Project at Gandikota in Kadapa district of Andhra Pradesh. The Navratna PSU has been endeavouring to foray into other metals and energy sectors. This project has got the approval of Nalco Board recently.
The Wind Power Project will be executed through Suzlon Energy Limited with an investment of Rs.274 crore. Under the project, 24 wind turbine generators, each of 2.1 MW capacities, shall be set up.
"NALCO has come up with this project as a part of its green initiative towards promoting sustainable development by harnessing the unconventional energy source", Nalco chairman-cum-managing director B.L. Bagra on Wednesday told "The ET".
"The project, planned with a capacity utilization factor of 22%, is scheduled to be completed in about eight months. And the power generated will be sold to the Andhra Pradesh State Grid", Mr Bagra added.
The Wind Power Project will be executed through Suzlon Energy Limited with an investment of Rs.274 crore. Under the project, 24 wind turbine generators, each of 2.1 MW capacities, shall be set up.
"NALCO has come up with this project as a part of its green initiative towards promoting sustainable development by harnessing the unconventional energy source", Nalco chairman-cum-managing director B.L. Bagra on Wednesday told "The ET".
"The project, planned with a capacity utilization factor of 22%, is scheduled to be completed in about eight months. And the power generated will be sold to the Andhra Pradesh State Grid", Mr Bagra added.
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