Monday, January 27, 2014

Orient Green Power operating capacity exceeds 500 Mw


Chennai:
Orient Green Power Company Limited (OGPL) a leading pure play renewable energy generator in the country with a presence in Wind and Biomass energy has announced that its operating capacities now exceed 500 Mw.
Following the recent commissioning of 3 Biomass units in Narsinghpur (MP) – an unit of the company and Kishanganj,(Rajasthan) and Marikal (AP) units through its subsidiaries, the on ground operational capacity of the Company now exceeds 500 Mw, further cementing its position as one of the leading player in the renewable energy space. As of date, the Company’s operating capacity stands at 502 Mw comprising 416 Mw of Wind assets and 86 Mw of Biomass assets.     
Orient Green Power, part of the Shriram Group, has its wind assets strategically located at some of the best sites across various states namely, Tamil Nadu, Andhra Pradesh, Gujarat and Karnataka. The Company is also a leader in the biomass energy business with a capacity of 86 Mw across its plants located in Tamil Nadu, Rajasthan, Madhya Pradesh, Andhra Pradesh and Maharashtra. OGPL imbibes the strong corporate values of its Group which focusses on achieving corporate excellence while placing a premium on ethics and good business practices. OGPL is also actively involved in numerous CSR initiatives around its wind and biomass businesses, as it strongly believes in giving back to society. The Company has helped to create significant employment opportunity in the rural areas which are in proximity to its plants.  
To further consolidate its presence, OGPL is on track to commission a further 40 mw of capacity across both verticals. It is also keenly evaluating major opportunities arising in the space especially wind business, which could further propel its growth of the business.    

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