Airvoice Group has proposed to set up a renewable energy sector project in Karnataka. (10,000 MW of Solar Power and 3,000 MW of wind power) After the in principal acceptance, KREDL has asked Airvoice Group to submit immediately a DPR for the 1st Phase initially (100 MW Solar and 200 MW Wind) The total investment being done by the company in the project would be 3200 crores.
The majority of the capacity planned, 10 GW, will be generated through photo voltaic installations, and the remainder through wind farms. Sanjay Kapoor, Chairman and Managing Director of Airvoice Group, told the Hindustan Times that his company had identified 12 potential sites for the solar installations and four districts in Karnataka.
The project will involve the generation of 10GW of electricity from solar thermal energy and 3 GW from wind turbines. The power plant will be built in a rural area of Karnataka. The developers estimate that over $50 billion will be invested in the project over the next 10 months and the first phase would be commissioned in the next 36 months.
The first phase, 100 MW of solar and 200 MW of wind power capacity, is expected to be commissioned in the next 36 months. Tendering for the 1.5 MW wind turbines is to begin shortly, and the company is already in talks with Eurowinds and Suzlon. Satluj Jal Vidyut Nigam is a joint venture between the governments of India and Himachal Pradesh, has 48 percent equity in the new company.
Airvoice Green Energy Pvt Ltd, New Delhi, India, proudly announces the launch of one its most ambitious projects in the renewable energy sector. It proposes to set up 10,000 MW of Solar Power and 3,000 MW of wind power in the state of Karnataka.
The proposed solar power plant, of Airvoice Green Energy Pvt Ltd., would be based on Photo Voltaic (PV) technology. 12 high potential districts in the state of Karnataka have been identified for the same. This would be the largest solar power plant in the world till date. Currently the largest solar PV power plan in the world has a capacity of only 60MW based out of Spain. Sanjay Kapoor, the CMD of Airvoice Group, indicated in the press conference held at Villa Medici, The Taj Mahal Hotel in New Delhi, “this project alone would meet around half of the ambitious target of 20,000 MW as envisaged by the Jawaharlal National Solar Mission announced by the Honorable Prime Minister Sri Manmohan Singhji”. The Karnataka Renewable Energy Development Limited (KREDL), the nodal agency of renewable energy projects, has given in principle approval. The entire project would be done in 5 phases. Airvoice would be setting up a first phase pilot of 100MW capacity. The work has already started and it is expected that the detailed project report (DPR) would be submitted within the next 90 days.
Airvoice group has also identified 4 high potential districts where the wind farm would be set up. The first phase of the 3,000 MW wind farm project would be 200 MW and the work on the same has already started. It is expected that the DPR would be submitted in the next 4 months.
Airvoice is entering into a JV partnership with Satluj Jal Vidyut Nigam Limited (SJVNL, Mini Navaratana) for the first phase of both the solar and wind power projects. S.P. Singh, GM of SJVNL, mentioned in the press conference that the board has in principle approved the partnership and the same would be submitted to the government. H.B. Sahay, AGM of SJVNL, articulated in the press conference that SJVNL operates the largest hydro electric power plant in the country and is happy to partner with the largest renewable energy project in the world.
Honorable Member of Parliament from Bangalore North, Sri D.B.Chandre Gowda, addressed the members of the press and announced that he was happy to see an initiative of this magnitude being undertaken in the country and voiced that this would address the power shortage in the state and the country.
Sanjay Kapoor, the CMD of Airvoice Group, said that his company is dedicated towards sustainable energy developments and sees India has a high potential country for Solar and wind power projects that would benefit the country in terms of CO2 emission reductions, employment generation and above all meeting the power demand in the country driving the future economic growth.