Orient Green Power synchronises 18.7 MW Wind Farm in Tamil Nadu
Orient Green Power Company Limited (OGPL), a leading independent renewable energy-based power generation company in India today reported that it has, through its subsidiary Beta Wind Farms Ltd., synchronised a Wind Farm of 18.7 MW capacity with the state grid of Tamil Nadu. This Wind Farm is located at Gudimangalam in the Tiruppur District of Tamil Nadu.
- (1888PressRelease) July 12, 2011 - Orient Green Power Company Limited (OGPL), a leading independent renewable energy-based power generation company in India today reported that it has, through its subsidiary Beta Wind Farms Ltd., synchronised a Wind Farm of 18.7 MW capacity with the state grid of Tamil Nadu. This Wind Farm is located at Gudimangalam in the Tiruppur District of Tamil Nadu. With the addition of this Wind Farm, OGPL has an operating capacity of 172 MW of Wind Energy in Tamil Nadu making it one of the leading Wind IPPs in the State. OGPL's total operating capacity in India comprising both Wind and Biomass Power is 248.5 MW.
The synchronising of this Wind Farm follows the 10MW Biomass Plant commissioned last week near Pollachi in Coimbatore District in Tamil Nadu. The Company also has a strong portfolio of projects in progress and expects to synchronise 40MW of additional capacity over the next few weeks.
The steady increase in capacity will see the company consolidate its position as the leading independent renewable energy-based power generation company in India. This is a significant contribution by the Company in ensuring a sustainable non-conventional energy source helping the power needs of the country as well as in providing employment opportunities in rural India, making it an inclusive player in the Industry.
Mr. P Krishnakumar, Managing Director - Orient Green Power Company Limited, said, "We are very pleased to announce synchronising of two projects in the space of a few days. Our capacity addition plans have gained momentum and there are a significant projects in progress which will take our renewable energy capacity in Tamilnadu to 342 Mw by end of this financial year..
We are equally delighted to extend our support to the Tamil Nadu Government to curb the power shortage problem that the State is currently facing. This capacity addition will lead to enhanced availability of power especially in the Tiruppur district, which comprises a large proportion of industrial and SME consumers."
For further information please contact:
Mr. N. Ramani
President - Wind Operations
Orient Green Power Company Limited
Tel: +91 44 4901 5660
Email: nramani ( @ ) orientgreenpower dot com
About OGPL
OGPL (NSE: GREENPOWER, BSE: 533263) is a leading Indian independent renewable energy-based power generation company focused on developing, owning and operating a diversified portfolio of renewable energy power plants. The Company is the largest independent operator and developer of renewable energy power plants in India based on aggregate installed capacity according to the CRISIL Report of March 2010 commissioned by OGPL. Currently the portfolio includes biomass, biogas, wind energy and small hydroelectric projects at various stages of development.
Safe Harbour
Some of the statements in this press release that are not historical facts are forward-looking statements. These forward-looking statements include our financial and growth projections as well as statements concerning our plans, strategies, intentions and beliefs concerning our business and the markets in which we operate. These statements are based on information currently available to us, and we assume no obligation to update these statements as circumstances change. There are risks and uncertainties that could cause actual events to differ materially from these forward-looking statements. These risks include, but are not limited to, the level of market demand for our services, the highly-competitive market for the types of services that we offer, market conditions that could cause our customers to reduce their spending for our services, our ability to create, acquire and build new businesses and to grow our existing businesses, our ability to attract and retain qualified personnel, currency fluctuations and market conditions in India and elsewhere around the world, and other risks not specifically mentioned herein but those that are common to industry
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