
CLP to add 10,000MW in India by 2015
CLP is adding 10,000 MW of power generation in India by 2015 in coal-based power, wind energy and transmission projects.
The company will infuse another US$6.67 billion in investments. It has already invested close to Rs US$2.22 billion in India in the past eight years in gas, coal and wind energy projects.
China Light and Power-India has been pre-qualified for two ultra mega power projects or UMPPs proposed at Orissa and Chattisgarh, revealed Rajiv Mishra, managing director of CLP India, told Business Standard.
“Earlier, we felt 4,000 Mw UMPPs were risky and CLP India lacked experience in setting up mega greenfield power projects, though our parent is a world leader in power generation. With the experience of setting up the greenfield project in Haryana, we think it is time to look at mega power projects”, said Mishra.
The company is setting up a 1,320 Mw domestic coal-based power project at Jhajjar in Haryana. It plans to commission the first unit by next year and the project is to be fully commissioned by May 2012.
The company is also planning big investments in wind energy. CLP will add an average of 300 Mw every year in the coming years to take its capacity in wind power generation to about 2,000 Mw, said Rajiv.
CLP plans to foray into transmission projects in a tie-up with Gammon India. The partners bid for two projects unsuccessfully and are in the final round of bidding for two mega transmission projects scheduled to be awarded this month and in January.