Indian biomass power plant back on
Florida, US-based clean energy company Clenergen is making India greener.
Clenergen’s Chennai, India-based subsidiary has closed terms to acquire a 1.5 MW biomass power plant in Namakkal, Tamil Nadu.
One of India’s national demonstration projects, the plant is expected to be operational before the end of the year.
The plant was stopped in 2007 because of operational cash flow constraints and its failure to remain profitable at a low tariff rate.
With a power purchase agreement between PTC India and Clenergen India, a higher tariff rate has now been reached. PTC India is a government initiated public-private partnership that provides power trading arrangements.
The Namakkal plant is expected to generate net revenue of about $1 million (€666 million) during its first year of operation, ramping up to 10 MW during its first phase. Its anaerobic digestion technology has been proven to process agri-biomass into renewable energy.
The Tamil Nadu and Karnataka plants are expected to use feedstocks from a grass species called beema bamboo and a tree species marjestica.
Clenergen is also planning to install two new biomass power projects: a 16 MW plant in Tuticorin, Tamil Nadu, and a 64 MW plant in Karnataka. The Tuticorin plant is expected to be operating by the end of 2010.
The total projected cost of the new plants is $236 million.
Clenergen uses an efficient power generation system using gasification technology/gas turbines generators and power generation through pyrolysis/steam turbine generators.
Clenergen’s Chennai, India-based subsidiary has closed terms to acquire a 1.5 MW biomass power plant in Namakkal, Tamil Nadu.
One of India’s national demonstration projects, the plant is expected to be operational before the end of the year.
The plant was stopped in 2007 because of operational cash flow constraints and its failure to remain profitable at a low tariff rate.
With a power purchase agreement between PTC India and Clenergen India, a higher tariff rate has now been reached. PTC India is a government initiated public-private partnership that provides power trading arrangements.
The Namakkal plant is expected to generate net revenue of about $1 million (€666 million) during its first year of operation, ramping up to 10 MW during its first phase. Its anaerobic digestion technology has been proven to process agri-biomass into renewable energy.
The Tamil Nadu and Karnataka plants are expected to use feedstocks from a grass species called beema bamboo and a tree species marjestica.
Clenergen is also planning to install two new biomass power projects: a 16 MW plant in Tuticorin, Tamil Nadu, and a 64 MW plant in Karnataka. The Tuticorin plant is expected to be operating by the end of 2010.
The total projected cost of the new plants is $236 million.
Clenergen uses an efficient power generation system using gasification technology/gas turbines generators and power generation through pyrolysis/steam turbine generators.
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