Monday, March 14, 2011

CLP India plans to bid for ultra mega power projects

CLP India, a large foreign-owned power generation company in India is now upsizing its 
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India business plan by bidding to develop an ultra mega power project (UMPP) from those that will be offered for bidding by the Power Finance Corporation, in the next few months.

Mahesh Makhija, director business development (renewables) at CLP India, told Financial Chronicle, “We are keen to participate in the development of clean power generation and will bid for one of the ultra mega power projects out of two that are currently open for building.” The UMPPs use the less polluting supercritical technology for thermal power generation that burns coal more efficiently producing more energy and emitting less carbon dioxide and carbon monoxide per unit of power produced as compared to conventional coal based power plants.

Power Finance Corporation (PFC), the nodal agency for UMPPs, had extended the deadline for submitting initial requests for participation for the Chhattisgarh and the Orissa UMPPs by another two to three months in January 2011. While this delayed these two projects further it may open up an area of opportunity for the Chinese major.

CLP is also in talks with wind turbine makers Enercon and Vestas to set up an aggregate of 200 mega watt (MW) of wind power projects over the states of Gujarat, Maharashtra and Karnataka. The Indian unit of the Hong Kong headquartered firm, recently announced its plan to set up 158 MW of wind power generation projects spread across Rajasthan and Andhra Pradesh.

CLP India had earlier stated its intention to set up 200-300 MW of renewable enegy projects every year.

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