Thursday, October 2, 2008

India’s ONGC Enters Wind Business

India’s state-run Oil and Natural Gas Corporation’s (ONGC) launched its first renewable energy venture, a wind farm project having the world’s highest turbine capacity, on Satruday at Bhuj in Gujarat. The 50 MW turnkey project comprises a 34-unit farm where each wind turbine generator (WTG) unit is capable of generating 1.5 MW highest in the world. The wind farm has been set up by ONGC at an investment of around Rs. 308 crore.

Suzlon designed and built the large-scale wind farm for ONGC.

R.S. Sharma, ONGC Chairman, said it was a pilot project and ONGC had grand plans for renewable and alternative energy in the future. He also said ONGC had set up an Energy Centre with substantial investment for promoting alternative energy sources. “ONGC remains committed to contribute to the nation in general and Gujarat in particular,” he added.

Country President of Suzlon, Rohit Modi, said the presence of almost all directors of ONGC was a testimony of the company’s commitment to green energy. Suzlon is developling a 2MW unit for onshore and 5MW for offshore.

Source: http://www.hindu.com/2008/09/07/stories/2008090754451300.htm Date: 07-09-08

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