Overview
Our biomass power plant with a capacity of 8 MW, located in Punjab which caters to our power division.
Our biomass power plant with a capacity of 6 MW located in Punjab, operated by our wholly owned subsidiary, MPPL, which caters to our power division.
The primary raw material which we utilize at our biomass power generation facilities is paddy straw. We also utilize wheat husk, mustard straw and cotton stalk as raw material at our biomass power generation facility. These raw materials are sourced from farmers in the areas where our biomass power generation facilities are located.
Facilities for our Power Division
Abohar Biomass Power Plant
Our Abohar Biomass Power Plant spans an area of approximately 205,681.48 square meters. The aggregate capacity of our Abohar Biomass Power Plant is 8 MW which is fully contracted for under the Power Purchase Agreement (“PPA”) entered into with the Punjab State Power Corporation Limited (“PSPCL”) on March 4, 2011.
Power Purchase Agreement
The PPA is valid for 30 years from the date of commissioning of the power plant. PSPCL has permitted the Company to interconnect the Abohar Biomass Power Plant and operate it in parallel with the PSPCL’s/ Punjab State Transmission Corporation Limited’s (“PSTCL”) system. We are under an obligation to comply with directions received from the PSTCL’s load dispatch centre or any other load dispatch centre authorised to issue load dispatch instructions by PSPCL.
Muktsar Biomass Power Plant
Our Muktsar Biomass Power Plant spans an area of approximately 141,829.67 square meters. It is operated by our wholly owned subsidiary, MPPL. The aggregate capacity of our Muktsar Biomass Power Plant is 6 MW which is fully contracted for under the Power Purchase Agreement (“PPA”) entered into by MPPL with the Punjab State Electricity Board on February 19, 2004.
Power Purchase Agreement
The PPA is valid for 20 years from the date of commissioning of the power plant. PSPCL has permitted our biomass power plant to interconnect the Muktsar Biomass Power Plant and operate it in parallel with the PSPCL’s system. We are under an obligation to comply with directions received from the PSPCL’s load dispatch centre.
