Wind power investor CLP develops 40 MW wind farm in Karnataka
26 August 2010
CLP India, the largest foreign private power player in India, today announced that it will develop a 39.6 MW wind farm in Harapanahalli, Davanagere District in Karnataka.
The company has entered an agreement with Vestas Wind Technology India Pvt Ltd, the Indian subsidiary of Danish wind turbine manufacturer Vestas Wind Systems A/S, to develop this green-field project on a turnkey basis.
CLP India is a wholly-owned subsidiary of the Hong Kong-listed company CLP Group, one of the largest investor-owned power businesses in Asia.
Construction of the new wind project will be completed in the first quarter of 2011.
This wind farm will use 24 Vestas V82 1.65 MW turbines and is expected to qualify as a clean development mechanism (CDM) project under the Kyoto Protocol, which will contribute significantly to the financial viability of the project.
With this project, CLP's wind portfolio has increased to 485.6 MW – making it the largest wind energy developer in India. CLP has already committed 82.4 MW of wind investments in the state of Karnataka, which are under construction. This addition of 39.6 MW will enhance CLP's presence in Karnataka to 122 MW.
''Having successfully operationalised 302 MW of the committed 485.6 MW across five wind farms in India, we aim to add around 200 MW of wind power installations every year to our portfolio," said Rajiv Mishra, managing director, CLP India. "We have already committed an investment of over Rs9,700 crore in Indian power projects, and with our intention to broaden our involvement in the Indian wind sector we expect our portfolio to grow steadily.''