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Clenergen Corporation Commence Full Power Generation at its 18MW Biomass Plant in Tamil Nadu

Florida based American company Clenergen has been in the news a few months ago for acquiring 5000 acres on a long lease for a 32 MW project and had gotten into contracts for plantation trails recently.

A couple of days back, Clenergen announced the commencement of the full power generation of their 18MW combustion steam technology plant situated in Tamil Nadu. According to the announcement, the 18 MW biomass plant had commenced transmission of power to the grid since its synchronization on 23rd October 2010. Currently short term power tariffs range from 12-22 cents per KW/h, however all sales from December 2010-January 2011 is expected to be with PTC India Limited, as Clenergen has an existing 15 year Power Purchase Agreement with PTC India Ltd where the average tariff which is likely to be 14 cents per KW/h, with guaranteed payments each month.

 

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