The
company has diversified into Power Generation using renewable/non
conventional energy sources such as agricultural waste and
crop residues (biomass) in the State of Rajasthan.
The Company has set up two nos. of 7 MW (Net) power plant
in Padampur, Ganganagar District in September 2003 and at
Uniara, Tonk district, Rajasthan in Nov, 2006 and has invested
approx Rs 700 Million (USD 17 Mn) in the state of art equipments.
The plants uses biomass (mustard crop residue / cotton sticks)
and has established infrastructure / logistics enabling
it to collect over 75,000 MTs last year. Based on first
hand experience and holding of buffer stocks, the company
foresees no biomass collection risks in Ganganagar.
Kalpataru Power achieved a rare distinction being one of
the first 3 companies in the world to deliver verified CER
(Certified Emission Reduction) generated from our Ganganagar
Plant, which was amongst the first 3 projects in India to
be registered with UNFCCC.
Power
Purchase Agreement (PPA) and Power Wheeling Agreement have
been signed with Rajasthan Vidyut Prasaran Nigam (RVPN)
and 3 Distribution companies of Jaipur, Jodhpur & Ajmer
based on the Rajasthan State Policy of Non-Conventional
energy. Third party sale to Large Industrial Customer is
also permitted as per existing Policy & Regulatory guidelines.
The Plant sale will be approx. 90 million units/kwh in 2007-08
to the Rajasthan Grid with timely payments.
Besides being environment friendly, the Project is expected
to contribute to the prosperity and sustainable development
of the region, besides generating local employment oppurtunities.
BIOMASS POWER PLANT
Biomass Power Plant at Padampur, Ganganagar District.
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