Monday, November 29, 1999

National Fertilisers to invest Rs 72 cr on wind energy

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New Delhi, June 18 (PTI) State-owned National Fertilisers today said it will invest Rs 72 crore to develop a 14.7-MW wind energy project in Rajasthan for commercial use. "We have awarded the project to Suzlon Energy to execute the project for a cost of Rs 72 crore. This will be completed by the end of September," National Fertilisers Chairman and Managing Director V K Sharma told PTI. National Fertilisers, a Mini-Ratna company, was the second largest producer of nitrogenous fertilisers in the country with a 16.8 per cent share of domestic urea production during 2008-09. Pune-based Suzlon Energy is the world''s third largest wind turbine supplier and has operations across the Americas, Asia, Australia and Europe. National Fertilisers, which has two manufacturing plants in Punjab and one each in Madhya Pradesh and Haryana, plans to connect the wind power project with the national grid for commercial purposes. "The entry into the wind energy segment is a part of our effort to contribute to the clean environment," Sharma said. Sharma said the company intends to jack-up wind power generation capacity further in the years to come, but no definite target has been fixed, as of now. "We are also considering generating power using gas as a fuel," he said, without divulging further details.

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