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Reliance Power targets 1000MW of Renewable Energy capacity by 2012-13;600MW Solar and 400MW Wind

According to reports in the media, Reliance Power Ltd, an Anil Dhirubhai Ambani Group company, plans to take its renewable energy (wind and solar) capacity to 1,000 MW in next two-three years.

The company has around 94 MW of operational wind energy-based power capacities located in Maharashtra (48 MW), Gujarat (19 MW), Tamil Nadu (18 MW), and Karnataka (9 MW).

“We have identified locations for setting up wind and solar-based capacities which would take our total renewable capacities to 1,000 MW. We expect, that of the power which we generate, 10 per cent will come from the renewable energy capacities,” a senior company official said.

The company is looking at large capacity (100 MW) projects.

Reliance Power has plans to set up 600 MW solar energy (concentrated solar power – CSP and solar photovoltaic plants – SPV) based power capacity in Rajasthan and 400 MW wind power plants in Gujarat and Karnataka.

Readers of Panchabuta might recall, Rajasthan Sun Technique Energy Pvt Ltd a subsidiary of Reliance Power, had bid for 100MW Solar Thermal under the first phase of the Jawaharlal Nehru National Solar Mission and has been one among the 37 successful bidders shortlisted for developing the projects.

In fact, Tata Power  has announced plans to increase Renewable Energy generation to 8000MW by 2017 and of plans to invest Rs.5000 Crore in Wind to augment generation to around 1000MW.

Tata Power had  announced plans to commission 128MW of renewable energy in the year 2011, with wind contributing 100MW and Solar about 28MW.

As readers of Panchabuta might be aware, Reliance Power owns Global Wind Power Ltd that was founded in late 2007, to cater to wind energy in India and further enhance the business possibilities by manufacturing wind turbines. The company initially entered into the wind space by acquiring a proven 225 kW wind turbine model from NEPC of India. Further, the company also has acquired a full license for a Danish 750 kW fixed-speed active stall-regulated Norwin turbine and has ambitious growth plans that also tie into this renewable energy expansion plan of Reliance Power.

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