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Hindustan Zinc Reports 150 MW Expansion in Wind Power Generation Capacity

Source Name: 
PennEnergy
Source Url: 
http://www.pennenergy.com/index/articles/newsdisplay/1337742169.html

Taking its green energy initiative a step further, Hindustan Zinc Limited announced an addition of 150 MW capacity to its existing Wind Power generation capacity of around 125 MW.

The project spans the states of Rajasthan, Maharashtra, Karnataka and Tamil Nadu. In line with existing wind power sales, the additional power generated will also be sold to the respective State grids, the Company said. The Company perceives wind power generation as a financially and environmentally viable solution for meeting India's growing energy requirements.

According to a release, the Project will be completed in two phases. The first phase of 50 MW will be completed by the end of Q4 FY 2011. The second phase of 100 MW will be completed by the end of Q2 FY 2012. The total outlay for the project is estimated to be Rs. 865 Crore. Post the expansion, the Company's wind power generation capacity will increase to around 275 MW.

HZL is an integrated producer of zinc & lead.

 

Author: sustainabilityoutlook