CLP Group that started its India innings by acquiring a stake in the 655 MW gas powered Gujarat Paguthan Energy Corporation (GPEC) in Bharuch, Gujarat in 2002 has since expanded to bring into operation two 50.4MW wind projects in Gujarat and Maharashtra.
CLP India, the largest foreign investor in the wind power sector in India, has entered into an agreement with Vestas Wind Technology India Pvt Ltd, the world’s largest wind turbine manufacturer, to develop this green-field project. The 99MW Wind Farm that will be fully commissioned by end of June 2010 and is located in Theni in Tamil Nadu.
CLP India has around 182 MW projects under operation and 264 MW projects under various stages of implementation in Gujarat, Karnataka, Tamil Nadu and Maharashtra, and all will get commissioned by next year. Given the increasing demand of renewable energy and having successfully operationalised five wind farms in India, CLP India aims to add around 200 MW of wind power installations every year to its portfolio and has already committed an investment of over Rs 9,700 crore in this regard.