Business Standard
Saturday, Feb 18, 2012
drived banner
drived banner
  Advanced Search
RSS
Content Guide
Follow us on  
||Companies & Industry||||||| 
 Section Home | News Now | Today's Paper | Q&A | People in the News | Industry News | Features | The Compass | Research & Analysis | Opinion | Corporate Results
Home > Companies & Industry Live Markets | Commodities
 

Punjab grants more time to Suzlon for wind assessment study
Press Trust of India / Chandigarh May 21, 2009, 12:44 IST

The country's leading wind turbine maker, Suzlon Energy, has been granted more time by the Punjab government for carrying out wind resource assessment study in the state for its 100-MW project which entails an outlay of Rs 500 crore.

"We have now permitted Suzlon to extend their study period till December 2009 for their upcoming wind energy project in the state," State-owned Punjab Energy Development Agency (PEDA) Director Balour Singh said.

The decision follows the "unsatisfactory" response received in the initial study report prepared by Suzlon, which was submitted to PEDA recently. "Suzlon requested us to extend the time period for wind resource assessment study, which was carried out till December 2008, as they did not get expected response and we have agreed to it," Singh said.

"As per their (Suzlon) report, the wind speed, they have been able to generate, was three metres per second which is not enough to generate required energy," he said while giving reasons of extending the time period of the study. Unless the minimum wind speed of six to eight metres per second is attained, wind energy cannot be created," he said.

Suzlon would now raise the height of their windmill from 50 metres to 80 metres in order to get the required speed of wind for generating power. "We will now increase the height of our windmills so as to get good results," said Vinod Bishnoi, Project Incharge, Suzlon Gujrat Wind Park Limited, the wholly- owned subsidiary of Suzlon Energy.

As part of its efforts to augment energy from renewable resources, PEDA had signed a memorandum of understanding with Suzlon Energy in 2007 for the setting up of 100 MW of wind energy projects in Punjab, involving an outlay of Rs 500 crore. The wind power project of 50 MW each was proposed to be set up at Hoshiarpur and Muktsar districts of the state.

Meanwhile, five biomass-based energy projects of 47 MW, to be developed by Mumbai-based company Green Planet Energy across various districts of Punjab, have got environment clearance from the State Environment Impact Assessment Authority. "These projects are expected to be completed by next year," Singh said. Punjab State Electricity Board would buy power from the company at an agreed rate, he said.

Another ambitious power project of oil marketing company Bharat Petroleum Corporation Limited (BPCL), coming up in Punjab, is also expected to start functioning by December-end this year. BPCL had proposed to set up its first Solar Photovoltaic power project of one MW in the state, involving expenditure of Rs 22-25 crore.

New Ipad Application :Business Standard's all new IPad App
Click here to download for free
Arrow Other Stories     
- Wall Street up on Greece, but gains seen limited
- FII-TO-FII: Pantaloon traded at 7% premium
- Civic polls: Saffron alliance retains Mumbai, Thane
- MCX awaits trading rules in commodity options, indices
- Govt to provide incentives for electronic chip manufacturing
  Read Business news in 
- Now property search gets more exciting than ever before!
- High Growth Business Opportunities in Africa - Register to explore
- Medium-sized businesses are the engines of a smarter planet.
- Save over Rs.3000 with IndianOil Citibank Card
- India's No. 1 Property Site. Click here to know more..
- Get 5% cashback on telephone bills with Citi
- Diseases earlier, Saving Costs, Extending Lives. Know More..
- Enjoy the journey as much as the destination. click to know more..
- Exim Bank Conclave on India - Africa Project Partnership. Know more..
- Creating Wealth made simple the SIP way. Know more..
- Only Developer to give a guarantee on time space & rate.
- Office 365 for professionals and small businesses.
- Buy Your Property with Our Triple Guarantee in India.
- Improve Patient Care & Experience. Click here to know more
- Win a Business Class Ticket to Europe..Know more..
-  Introduce a New Automotive Luxury Car.. know more
Sorry, comments to this story are closed
Latest Messages
SmartInvestor+ E-zine
  Pay Rs.747/- for 3 years and
  get a branded watch FREE

  Subscribe Now
Most Popular
Read
E-Mailed
Commented
   
- T N Ninan: Saving Mumbai
- Aditi Phadnis: The battle lines for Behenji
- Deepak Lal: Rights, stakes and Newspeak
- The malt of India
- Lehman withdraws winding-up petition against Wockhardt
 
 More  
BUSINESS STANDARD INDIA 2012
  Now available at Special price
  Rs.395/- Only
  Buy Now
  Now available on the Kindle Store...
  BS Specials  
    Full coverage of elections in Uttar Pradesh, Punjab, Uttarakhand, Manipur and Goa
 
  Member Area Write to the Editor RSS Archives Advanced Search
  Subscribe to BS print product BS e-paper Newsletter Portfolio Tracker
  BS Products BS Hindi BS Motoring BS Books
FOR HOT PRODUCTS
BS Bazaar.com
Home | Markets & Investing | Companies & Industry | Banking & Finance | Economy & Policy | Opinion
Life & Leisure | Management & Marketing | Tech World
About Us | Partner With Us | Code of Conduct | Careers | Advertise with us| Terms & Conditions | Disclaimer | Contact Us