Wind Power Highlights
Wind power generation in India :
- Protection from fuel cost escalations.
- IRRs in the range of 15% on stand alone basis.
- Green power with option to have Carbon Credits (CER's)
- Accelerated Depreciation of 80% in the first year
- 100% Tax Holiday on the earnings for 10 years over a 15 year period to be taken consecutively (Section 80IA of Income Tax Act)
- Feasible on standalone basis with existing tariffs.
- Reduces Global Warming and carbon emissions.
- 100% FDI INVESTMENTS IN POWER SECTOR ARE PERMITTED
Address
5th Floor, North Block,
Babukhan Milleanium Center Rajbhavan Road,
Somajiguda, Hyderabad, India 500082
Ph: +91-40-23396314
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Krishi Energy was founded in 2006 to develop, own and operate independent clean energy projects. Krishi Energy is currently developing Clean Energy Generation projects in India which capitalize on the compliance market around the Clean Development Mechanism (CDM) of the Kyoto Protocol.
Krishi Energy is supported by a multinational team which has financed, developed and operated significant portfolios of clean energy assets around the world and have positioned themselves amongst visionary leaders in the space.
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Krishi Energy was formed for the purpose of
- Acquiring licenses to build and operate distributed power stations based on biomass,
- Building and operating distributed power stations, fueled by biomass,
- Acquire biomass powered plants which are currently in operation and,
- Expand the scope of operations to include the licensing, building and operation of hydroelectric power stations, municipal urban waste based power stations, wind based power stations, solar power, fuel cells and other forms of renewable energy.
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CURRENT STATUS OF BIOMASS POWER PROJECTS
The promoters have acquired the following licenses to build and operate biomass fueled distributed power stations in several states in India. The following are profiles of the licenses:
Varam Bio Energy Private Limited
Located in Bhandara district, Maharashtra State, the license provides for the approval to build and operate a 10 MW plant based on biomass as fuel. Core promoters hold about 60% equity of the company. The project will go on stream by March 2008.
ASN Power Projects Private Limited
Located in Chandrapur district, Maharashtra State, the license provides for the approval to build and operate a 10 MW plant based on biomass as fuel. Core Promoters hold about 55% of the equity in the company. This plan is expected to go on stream by March 2009.
Krishiram Power Generation Private Limited
Located in Surendranagar district of Gujarat state, the license provides for the approval to build and operate 10 MW plant based on biomass fuel. Core Promoters hold about 55% of the equity in the company
Manjula Biomass Power Projects Private Limited
Located in Bhind, district of Mandhya Pradesh state, the license provides for the approval to build and operate 10 MW plant based on biomass fuel.
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Contact Us
 Three easy ways to get information from us.
Call us at 732-940-0033
Biomass Highlights
- India is one of the fastest growing economies in the world
- India is experiencing a large demand-supply gap in electricity
- Favorable government policies and incentives as the government of India has mandated, through the Ministry of Non-Conventional Energy Sources, that ten percent of the country's power needs should be generated through renewable and non-conventional sources by 2012
- Of an estimated potential of 100,000 megawatts from renewable energy in India, only 3,000 megawatts has been put online to date
- Approximately 10 of 26 states in India have promulgated biomass energy policies and have issued licenses
- India is generously endowed with renewable resources such as biomass-materials, urban and industrial wastes and small hydro locations
- Strong and experienced management team
- Industry is highly fragmented with no dominant incumbents
- Abundant acquisition opportunities
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