‘Wind energy can meet Sri Lanka’s power requirement’

August 24, 2010

The wind-mapping results of Sri Lanka show many regions with good-to-excellent wind resources. The main wind season is from May-September, and the secondary wind season from December-February, according to Mr Ramesh Kymal, chairman and managing director, Gamesa Wind Turbines Pvt. Ltd.

“With the enormous potential available, wind alone can cater to more than Sri Lanka’s total power requirement,” he said. At present, the total installed power generation capacity is about 10,000 MW of which 58 per cent comes from thermal sources, 41 per cent (hydroelectric) and the balance from other sources, including wind.

According to Mr Kymal, after meeting Sri Lanka’s growing power demand, the excess power generated by the wind sector can be utilised for export to India. The proposed HVDC inter-connection of the southern grid with Sri Lanka will help expand the power market for generation projects in India, and vice-versa.

At present, Gamesa Wind Turbines Pvt. Ltd., a 100 per cent subsidiary of Gamesa Corporation, is executing a large wind project in the Puttalam area of Sri Lanka.

(picture from www.nrel.gov)

India Inc smells green money

August 24, 2010

Indian companies are going a long way in finding alternate sources of energy, and in the process, encashing a new opportunity in carbon credits. As many as 746 Indian companies, representing more than 40 sectors, account for 1,056 projects that have applied for CDM accreditation. According to industry chamber FICCI, as many as 114 firms out of India’s top 500 companies are involved in CDM projects.

A Crisil Research study reveals that the number of CERs in India is expected to increase to 246 million tonnes by December 2012, from 72 million tonnes in November 2009. The green-hued firms are spread across sectors such as steel, power, chemicals and consumer goods.

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