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Orient Green Power to invest Rs 1,200 cr present fiscal

Saturday 10th Sep 2011 1359

Chennai : Orient Green Power Company Ltd (OGPL), an independent renewable energy power producer, is planning to double power generation capacity by end of the present fiscal, with an investment of around Rs 1,200-1,300 crore.

The company is planning to add around 225 Mw capacity, wind power and biomass capacities combined, to the 220 MW capacity installed till March 31, 2011. It had 180 Mw of wind power and 40 Mw of biomass energy generation capacity till the end of last fiscal. The capacity for wind energy would be increased to 330-340 Mw while capacity for biomass would be increased to 105 Mw by end of the present fiscal.

Speaking to Business Standard in the sidelines of the company’s AGM, P Krishnakumar, managing director, OGPL, said, “We are looking to increase capacity to 450 Mw of wind energy and 100 Mw of biomass energy by the next wind season, which starts after the first quarter of next fiscal."

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