State-owned aluminium maker Nalco has devised a plan to double its wind power generation capacity to 200 MW with an investment of Rs 700 crore, a top company official said.
“We have decided to install an additional 100 MW wind power generation capacity to our existing 100 MW capacity. An investment to the tune of Rs 700 crore will be required for the addition,” Nalco’s Chairman and Managing Director Ansuman Das told PTI.
The company has already floated an open tender seeking expression of interests from project developers. The developer would be finalised in a couple of months, he added.
“We will consult with developers on the location for the project. This could be done in one location or in a couple of locations,” Das said.
Apart from meeting renewable power generation obligation, the wind power project would help Nalco to widen its green energy and revenue baskets.