Six mega watt biomass Power Project at a cost of about Rs 27 crore will soon be set up in block Palwal of Faridabad district by Messers True Electrics and Transmission Private Limited.
A MoU to this effect was signed by the Director of Haryana Renewable Energy Development Agency (HAREDA), Sumita Misra and Pradeep Anand, Managing Director of the company.
Sumita Misra said in Chandigarh that the project would be constructed by the firm on Built, Operate and Own (BOO) basis. The power from this project would be fed to the State grid for which the Haryana Electricity Regulatory Commission (HERC) had already fixed a tariff of Rs 4 per kilowatt.
She informed that HAREDA had already signed MOU with five Independent Power Producers in February,2007 for setting up of Biomass Power Projects in the State.
So far, 14 Detailed Project Reports of 127 MW had already been approved and the Independent Power roducers were in process of signing the Power Purchase Agreements with the concerned Power Utilities and other statutory clearances from the various departments were being obtained.
Besides this, six more detailed project reports of 56 MW capacity had been received wich were being examined and the approval for the same was likely to be conveyed soon.
These projects were likely to be commissioned by mid of 2009, she said.