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January 27, 2014

Orient Green Power's generation capacity crosses 500 MW…

 

Orient Green Power's generation capacity crosses 500 MW…

Orient Green Power, part of the Shriram Group, today announced its generation capacity has crossed 500 MW and it is keenly evaluating major opportunities to propel growth.

"Post commissioning of biomass plants at Madhya Pradesh (Narsinghpur), Rajasthan (Kishanganj) and Andhra Pradesh (Marikal), the on ground operational capacity of the company now exceeds 500 MW," Orient Green Power Ltd (OGPL) said in a release.

The company's operating capacity stands at 502 MW comprising 416 MW of wind assets and 86 MW of biomass assets.

Orient Green Power has its wind assets located across various states namely, Tamil Nadu, Andhra Pradesh, Gujarat and Karnataka.

Its biomass plants with a total capacity of 86 MW are situated in Tamil Nadu, Rajasthan, Madhya Pradesh, Andhra Pradesh and Maharashtra.

The company said it is keenly evaluating major opportunities arising in the space especially wind business, which could further propel its growth of the business.

"This milestone of 500 MW represents capacities which are installed and operating with fuel sourcing arrangements and power off take contracts in place," S Venkatachalam, Managing Director OGPL, said.

He added, "In addition to our existing capacity, we are close to commissioning another 40 MW of capacity under our wind and biomass verticals which will help us to further consolidate our position as a leading player in the renewable energy business."

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