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SARVESH KUMAR
DEPUTY MANAGING DIRECTOR VESTAS RRB INDIA LIMITED
Vestas (DK)-28.2% Gam esa (ES)-15.6% GE Wind- 15-5% Enercon- 15.4% Suzlon - 7.7% Siem ens - 7.3% Nordex - 3.4% RE Pow er - 3.2% Others - 10.2%
CAUSE OF CONCERN
Demand for Power Growth Rate 8 to 9% Supply of Power Growth Rate 4 to 5% Depleting fossil fuels and their rising prices
I. A. 1. 2. 3. 4. 5.
Power From Renewables Grid-interactive renewable power Bio Power (Agro residues & Plantations) Wind Power Small Hydro Power (up to 25 MW) Cogeneration-bagasse Waste to Energy Sub Total (in MW) 61,000 45,000 15,000 5,000 7,000 1,33,000 524.80 MW 7092.00 MW 1975.60 MW 615.83 MW 43.45 MW 10,251.68 MW
WIND ENERGY
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Estimated by Ministry of New and Renewable Energy Achievement as on 31 March 2007 Capacity Addition during the Financial Year 2006-07
45000
7090 1749
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State
Andhra Pradesh
45195
Mar-04
1361.6 MW 209.2 MW 407.4 MW 178.5 MW 98.8 MW 22.6 MW 2 MW 1.1 MW 201.9 MW
Mar-05
2037 MW 410.7 MW 456.2 MW 284.8 MW 120.6 MW 28.9 MW 2 MW 1.1 MW 253 MW
Mar-06
2894.6 MW 584.5 MW 1001.3 MW 358.1 MW 121.1 MW 40.3 MW 2 MW 1.1 MW 338 MW
Mar-07
3492.7 MW 821.1MW 1487.7 MW 469.8 MW 122.4 MW 57.3 MW 2 MW 1.1 MW 636.6 MW
Total
2483.6 MW
3594.3 MW
5341 MW
7090.3 MW
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Wind Power Small Hydro Power Biomass Power Solar Thermal Power Plant
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1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007
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Investment Pattern
Main types of investors investing in wind energy projects: * To take advantage of tax benefits 20% investors * Need for power and also to avail the tax benefits including captive power 70% investors * Captive power for industrial use * IPPs (Emerging trend) Generated power can be utilised through three main routes: a) Sale to utilities b) Own Consumption c) Sale to Third Party
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Foreign Investment Policy: Automatic approval for foreign investors to enter into Joint Venture with an Indian partner for financial and/or technical collaboration/setting up of RE based power projects (100% equity permissible)
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Wheeling
At par with conventional
Banking
Not Allowed
Buy-back
Rs.3.37 w.e.f. 1-4-2004 (Frozen for 5 years) Rs.2.90/kwh
Tamilnadu
5% of energy
Karnataka
5% of energy + 1.15/kwh as cross subsidy for 3rd party sale To be decided by SERC
Kerala
West Bengal
Rs.4.00/kwh
Gujarat
R.3.37/kwh without any escalation for 20 years Yr 1 : Rs.3.37, Yr 2 : Rs.3.80, Yr 3: Rs.3.63, Yr 4: Rs.3.40 and Yr 5-20: Rs.3.30 Rs.3.50/kwh (escalation of 15 paise per year for 13 years) Yr 1: Rs.3.25/kwh (escalation 6 paise per year until 10th year and then Rs.3.79/kwh from 1120 years
Madhya Pradesh
2% of energy + transmission charges as per ERC 2% of energy as wheeling + 5% as T& D loss Below 132 KV, 50% of normal charges applicable
Not Allowed
Maharashtra
12 months
Rajasthan
6 months
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Socio-Economic Benefits
Creation of local employment opportunities. Improvement of power transmission networks. Reduction of transmission cost. Improvement in quality of power. Long term energy security. Overall development of the area.
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Future Projections
Cumulative Installed Capacity (MW) by end of March 2007 Installed capacity (MW) in Forecast 2008-2010 2006-07 Total Installed capacity between 2008-2010
Cumulative
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