HIRA got a new Group Tagline
Godawari Green Energy Limited (GGEL) received the commissioning certificate from RREC, the Rajasthan Renewal Energy Corporation Limited, for the first commercial scale Concentrated Solar Power (CSP) plant of India. GGEL, the 100% subsidiary of Godawari Power & Ispat Limited (GPIL) is Chhattisgarh’s leading steel & power company. GGEL received the certificate on recommendation by a committee constituted by Rajasthan State Nodal Agency and authorized by the NTPC Vidyut Vyapar Nigam Limited (NVVN); thus endorsing the 50MW project to be officially and commercially operative with effect from 19th June 2013.
Taking a giant leap towards making eco-friendly energy in India, the CSP plant features state of the art parabolic trough, the technology named Euro-trough SKAL ET-150, and had commenced supplying infirm electricity to the grid on 5th June 2013, the “World Environment Dayâ€. The plant has been built in approximately Rs. 800 Crores (USD 145 million) and is expected to displace approximately 11,30,000 tons of CO2 in a year. The plant is capable of lighting 200,000 Indian homes, while simultaneously preserving the environment. With its achievement, GGEL has been successful in building a road to sustainable energy solutions for India.
“The successful commercial operation of the GGEL 50MW project is a milestone in India’s energy diversification strategy and a step towards long-term energy securityâ€, said J.P.Tiwari, CEO of GGEL. “It was a great learning experience to work closely with our national and international partners. Sharing our expertise and capabilities has given us confidence to undertake similar large-scale projects in future, anywhere under the sun. While we are buoyed by this success, we also know that we have a long way to go in establishing this technology firmly in the home ground, by maximizing exploitation of solar energy to generate more power and by bringing down the cost of such projects through indigenization and optimization.â€
Siddharth Agrawal, Managing Director of GGEL commented “It was an incredibly tough journey filled with challenges, questions, detours and self doubts, but the GGEL team exceeded the market’s expectations as far as project construction and commissioning was concerned. This has been a collective effort, and we are grateful to all who helped us realize this dreamâ€.
Though the technology is based on solar energy, it’s unique engineering ensures that the power plant can continue to generate electricity long after the sun sets or is obscured by clouds. CSP stations with parabolic trough technology are steam-driven power stations that generate electricity from heat. Parabolic mirrors arranged in long rows concentrate the solar radiation onto the receiver, inside which a carrier liquid is heated to almost 400 degrees Celsius. The heat, in turn, is used to raise steam that drives a conventional steam turbine and creates electricity. The extraordinary aspect about CSP electricity is its dispatch ability in the form of heat. The energy can easily be stored and fed into the grid when power is really needed, be it day or night, cloudy or sunny. This facilitates load management in grids – a factor destined to be of increasing importance as the contribution of solar energy to India’s electricity mix rises.
About Hira Group, GGEL and GPIL
Hira Group is a group of companies founded in 1965 with more than 6000 employees and total revenue in excess of Rs. 3,000 crores in 2012-13. The group is a conglomeration of 14 companies across India and operates independently through its own board of directors and shareholders. The business verticals of Hira Group include Steel, Ferro Alloys, Energy, Mining, Cement, Technology and Real Estate.
GGEL & GPIL are part of Hira Group. While group companies Godawari Power and Ispat Ltd. and Hira Ferro Alloys Ltd. are listed on Bombay Stock Exchange India, Godawari Power and Ispat Ltd. is also listed on National Stock Exchange India.
GGEL was formed with an objective to tackle the growing energy requirements of the country in an ecologically sustainable manner. The company’s focus area is power generation using renewable sources such as solar energy, geothermal energy, wind energy, etc. with a mission to strike a balance between people, profit and the planet. GGEL pictures a sound environment, for they are working towards creating more sustainable energy solutions for India and around the world. GGEL’s experienced and expert team is targeted towards one goal, clean energy for everyone.
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