Punjab Gives Seal of Approval for Rs 100 Cr Renewable Projects

The segment includes nine small hydro projects with the combined capacity of 5.55 MW worth around Rs 60 crore, one bio-CNG Project of Rs 17.50 crore and a bio-coal of around Rs 26.75 crore.

The Punjab Government has approved Punjab renewable energy projects worth Rs 100 crore, the State Minister for Renewable Energy Sources Gurpreet Singh Kangar said.

Apparently, the segment includes nine small hydro projects with the combined capacity of 5.55 MW worth around Rs 60 crore, one bio-CNG Project of Rs 17.50 crore and a bio-coal of around Rs 26.75 crore.

“The private companies are envisaging immense interest in the renewable energy sector. This will not just fetch investment but also increase the capacity of green power generation. In addition they will utilize rice straw for production of bio-CNG and bio-coal,” Kangar said in a statement.

After the successful installation of the hydro power projects, the total installed capacity of small and mini hydro power plants of the state are expected to reach 180 MW by 2020-21.

Agriculture based bio-CNG plant is decided to be set up in Mohali by Mumbai-based Mahindra Waste to Energy Solutions and the estimated time of completion is 15 months.

Meanwhile, Neway Renewable Energy (Bathinda) has been shortlisted for the construction and management of bio-coal plant at Mehma Sarja village in Bathinda. The plant is based on the processing of paddy straw.

Source: IANS