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May 9, 2012

CESC, RP Goenka Group Company, is having plans to develop 500 MW of Renewable Energy projects by 2015…

Power India found that CESC is planning to add 500 MW renewable energy capacity by 2015 through solar, wind and small hydro projects.

 

Brief on CESC & its projects

  • CESC is a R P Sanjiv Goenka - led Rs. 10,000 power company
  • CESC has recently commissioned 9 MW solar project in Kutch in Gujarat with an investment of Rs. 110 Crores.
  • The company’s short term plans include solar projects with total capacity of 50 MW across Maharashtra, Gujarat and Rajasthan.
  • Its 15 MW wind farm in Jaisalmer project is also proposed to be commissioned by December this year.
  • A 100 MW hydel project in Arunachal Pradesh is under construction and it’s further plants on hydro involves two more hydro projects with combined capacity of 250 MW.

 

As said by Subrata Talukda, Executive Director Finance, CESC

"We are creating a land bank in Rajasthan for solar projects. We already bought 250 acres," said Subrata Talukdar, executive director, finance, CESC.

 

CESC hopes the proposed solar, wind and hydel projects will help the company meet renewable purchase obligation (RPO) without buying renewable energy certificates (RECs) from the power exchanges.

 

Besides the renewable energy projects with combined capacity of 500 MW, CESC is also planning to add 7000 MW coal-based power capacity in six years by investing Rs 36,000 crore

 


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