India’s GAIL moves further into wind opportunity
Encouraged by the initial results of a 4.5-MW wind power project in Gujarat, GAIL (India) is making further moves into India’s renewables sector with 100-MW worth of wind projects in Tamil Nadu and Karnataka and eyeing opportunities in six other states.
Primarily a state-owned natural gas transmission company, GAIL, is planning to invest about on its initial projects.
Besides another 14-MW wind farm in Gujarat , partly for use by the government and partly for sale to the state utility, GAIL, primarily a natural gas transporter, is in the process of setting up a 100-MW wind project in Karnataka and Tamil Nadu for commercial use at a cost of about INR620 crore (USD113.8 million).
High wind potential states such as Andhra Pradesh, Gujarat, Kerala, Madhya Pradesh, Maharashtra and Rajasthan are also on the radar, according to a company report.
The report said that the increasing prices of fossil fuel and the growing concern over global warming due to green house gases (GHG) emissions by fossil fuel-based power generation have led to interest around the world for harnessing renewable sources for power generation.