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Amrit eyes funds for green power
Arnab Mallick / Kolkata July 21, 2005
Kolkata-based Amrit Projects Limited (APL) would be working to secure non-refundable financial support from the Germany-based United Nations Framework Convention on Climate Change (UNFCCC).
 
It would be eligible for funding if APL achieved the required carbon rating at its biomass power unit at Bankati, Bankura, being built now, Basab Dasgupta, executive director (operation) APL, told Business Standard.
 
"Ernst & Young, the UNFCCC-appointed agency in India, will be conducting carbon audit at the 10 mega watt (MW) biomass power unit regarding grant of non-refundable financial support of Rs 14 crore if the unit achieved the required carbon rating," said Dasgupta.
 
APL would set up two more biomass power projects in fiscal 2006-07.
 
"West Bengal Renewable Energy Development Agency (WEBREDA) and APL were discussing two more biomass power projects and APL has already decided to go ahead in 2006-07," said Dasgupta.
 
Nirupam Sen, West Bengal's State minister of commerce and industry, today laid the foundation stone of the 10 mega watt (MW) biomass power project, the first of its kind in the country of this capacity, claimed Dasgupta. The investment for this project is estimated to be around Rs 44 crore, he added. The commencement of commercial production is expected to begin in July 2006, he noted.
 
Rice husk, the raw material for the biomass power plant, would be procured from rice mills based in Burdwan, Hooghly and Bankura, he noted.
 
APL has also acquired 20 acres of land with an investment of around Rs 1 crore where APL shall be growing plants which could be used as alternative source of raw material for biomass power plant, Dasgupta added.

 
 

Amrit eyes funds for green power
The investment is estimated to be around Rs 44 crore
Arnab Mallick / Kolkata Jul 21, 2005, 01:47 IST

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