June 19, 2011 at 11:13 am #2225
Bhubaneswar, June 2, 2011
NALCO Plans Set up 50.4 MW Wind Power Project
National Aluminum Company Ltd (Nalco) plans to set up a 50.4-MW wind power project at a cost of Rs 274 crore at Gandikota in Kadapa district of Andhra Pradesh.
According to company sources, the wind power project will be executed through Suzlon Energy Ltd. Under the project, 24 wind turbine generators – each of 2.1-MW capacity – will be set up. They said that the company board approved the project at a recent meeting.
“The project is a part of Nalco’s green initiative to promote sustainable development by harnessing unconventional energy sources,” the Chairman-cum-Managing Director, Mr B.L. Bagra, said.
“The project, planned with a capacity utilisation factor of 22 per cent, is scheduled to be completed in about eight months. The power generated will be sold to the Andhra Pradesh state grid,” he said.
The project will also enable Nalco to meet its obligation under a recently promulgated regulatory requirement to generate 5 per cent of its energy consumption from renewable sources or buy renewable energy certificates.
Earlier, the company had signed a MoU with Nuclear Power Corporation of India Ltd to set up a nuclear power plant under a joint venture, the sources said.
Nalco is also implementing different environment-oriented projects under the UN Clean Development Mechanism (CDM), conforming to the norms of the Kyoto Protocol.
The CDM projects were being taken up at its smelter, captive power plant and refinery, where better technology will be used to further reduce greenhouse gases. The projects have been cleared by the Union Ministry of Environment and Forests, they said.
June 19, 2011 at 11:16 am #5029
Don’t think Nalco using Wind Power & Nuke power is going to be low cost Aluminum producer in India, but would have good diversification and balance.
Not sure why a company in India, with position they & China have regards to emissions, is trying to align with Kyoto norms when treaty might not even pass 2012 given positions Japan/Canada & US.
But Feedback from one my other contacts just said that apparently they have passed a law in India saying that large consumers (Like Aluminum smelters – which also consume calcined anode petcoke) must source 5% of their power from wind.
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