At present, CLP India is operating 655 mw gas based power project in Gujarat, phase I of 100.8 mw wind project at Samana in Gujarat. The company is engaged in the development of 1,320-mw coal-based super criticial power project at Jhajjar, Harayana, 50 mw at Khandke and 113.6 mw at Andra Lake in Maharashtra, 82.4-mw wind project at Saudatti in Karnataka and 99 mw wind project at Theni in Tamil Nadu. The first unit of the Jhajjar plant would be commissioned in December 2011 and the second one in May 2012.
"CLP India is quite attracted towards the Indian economy which is on an upturn from the meltdown. Besides, the company is also impressed by reforms in the power sector both at the federal and state level. However, I want to make it amply clear that our company is not megawatt chasing company but will pursue investments based on the group strategy of sustainable development," Mishra said. According to him, the company, which participated in the bidding process with GMR Group for 4,000 mw Sasan ultra mega power project, is certainly keen for projects with such high generation capacity but it will not compromise on environmental issues. The decision depends on the project viability.
"Currently, the company is keen to consider development of coal based power projects of 1,000 to 2,000 mw. Besides, the CLP India may enter into a joint venture for midsize hydro power projects of 100 to 300 mw. The investment in hydro projects depends on hydrological data and how the company can take on the geographical challenge. Moreover, the company is keen to look at wind projects," Mishra informed.
Further, CLP India is eager to expand its gas-based Gujarat Phaguthan power project depending upon the availability of additional gas. The company has been pursuing its demand with the centre for the allocation of additional gas including K-G D6 gas for the proposed expansion, Mishra said.
Additionally, Mishra said CLP India is keenly following opoportunities in privatised transmission projects being bid out through tariff based processes and also projects in the distribution sector.