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).
The project involves a $50 billion investment over the next 10 year period, aiming at achieving an installed capacity of 13,000 MW of renewable wind power and solar energy.
Specifically, PV systems for 10,000 MW and wind turbines for 3,000 MW will be installed in a dozen sites covering about 20,000 hectares of marginal wasteland in the State of Karnataka (south-west India).
«Tendering for wind turbines will begin in the next month. We are in talks with several companies about sourcing, including Eurowinds and Suzlon», said Sanjay Kapoor, Airvoice managing director.
The project is divided into 5 phases. The first one, starting in 2013, will totalize 100 MW of solar and 200 MW of wind energy. For this first phase Airvoice has established a specific joint venture with the state group Satluj Jal Vidyut Nigam, keeping a 52% share for itself.