Orient Green Power's generation capacity crosses 500 MW

Image
Press Trust of India New Delhi
Last Updated : Jan 27 2014 | 7:49 PM IST
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.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jan 27 2014 | 7:49 PM IST

Next Story