4MW/h Gasification Biomass Power Plant - Clenergen Corporation

4MW/h Gasification Biomass Power Plant

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4MW/h Gasification Biomass Power Plant

Clenergen has entered into an agreement with Yuken India Limited (YIL) located in Bangalore, Karnataka, to install a 4MW/h gasification biomass power plant in the last quarter 2011. Up to 2.5MW/h will be consumed by YIL manufacturing operations directly, with the balance of electricity being generated being sold to the State of Karnataka. YIL’s requirement to secure a direct supply of electricity was a direct result of the vertical integration of its supply chain in order to guarantee a supply of critical parts. This decision was due to the shortages of parts caused by the regular power blackouts experienced in Tamilnadu where the suppliers were located.

YIL was set up in 1976 under a technical and financial collaboration with Yuken Kogyo Company, Japan (YKC) for the manufacture of Oil Hydraulic Equipment (certified as a ISO-9001:2000). YIL is a Listed Company with 40% of the shares held by YKC and the rest by Financial Institutions, the Indian Promoters, and the Public. In the last 29 years, YIL has achieved the fastest growth rate in the Oil Hydraulics Industry in the Country in spite of being the last entrant.