18MW/h BIOMASS POWER PLANT
18 MW/h Biomass Power Plant
The 18 MW/h combustion steam power plant is fully operational and located approximately 25 miles east of Chennai, India. The plant was upgraded from 12MW/h to 18MW/h in 2008 with the installation of a new HTC combustion turbine and generator.
The power plant is a turnkey, fully operational facility that has existing supply contracts for biomass as well as clients for the purchase of electricity under short term power purchase agreements. For the running of the current capacity, the plant is strategically located to gain all the required raw materials from within a distance of 100-150 KM radius. The power plant is well connected with all major surrounding districts, with the TNEB sub-station located at a distance of 2 KM. Further, the region has good water source from Palar River Basin which is located at about 1.5 KM.
Clenergen India has identified 3,600 acres of land to sub lease within close proximity to the site in order to cultivate its own source of biomass feedstock, which will significantly reduce the operating costs and increase profitability by as much as 30%. The power plant is currently selling peak power at US 17 cents per KW/h and regular power at US 13 cents per KW/h average to companies in the region with projected profits of $3 million per annum (before applicable taxes).
