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Home > News > Greenko Group Targets 385 Mw Green Capacity In Maharashtra

Greenko Group targets 385 MW green capacity in Maharashtra

Infrawindow News Bureau




Feb. 21, 2012, 11:32 AM

Greenko Group targets 385 MW green capacity in Maharashtra  Greenko Group, one of India’s leading independent power producers, is all set to commission 165 MW wind energy farm in Satara district of Maharashtra by this May. This project would take the total installed capacity of power generation to 385 MW in Mahaashtra.

Anil Chalamalasetty, Managing Director and CEO of the company told Hindu Business Line that the company is at advanced stage of commissioning these wind energy assets. The company may commission these wind farms with a total generating capacity of 165 MW.     

Greenko Group’s already has about 200 MW now, including 120 MW of hydel power generation, 80 MW of biomass plants and a liquid fuel powered plant, the latter has come through an acquisition.

The company has formed a strategic venture with General Electric (GE), a US based company, for the implementation of wind farms in India. GE financial services arm had teamed up in October last to invest up to $50 million.

Greenko has deployed 1.6 MW GE turbines, designed for conditions with lower wind speeds in its Ratnagiri project. The company is also in the process of implementing a series of wind energy projects in Maharashtra, Karnataka, Andhra Pradesh and Rajasthan, through this association.

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