Airvoice plans 13GW renewable energy project in India
Thursday, 11 February 2010, 18:47 IST
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Bangalore: Mobile phone and commodity export firm Airvoice Group has joined hands with Satluj Jal Vidyut Nigam to build 13GW of solar and wind capacity in India. The companies plan to invest $50 billion over a period of 10 years, claiming it to be the largest single renewable energy project in the world. The majority of the capacity planned - 10GW - will be generated through photo voltaic installations, and the remainder through wind farms. Sanjay Kapoor, Chairman and Managing Director of Airvoice Group, told the Hindustan Times that his company had identified 12 potential sites for the solar installations and four districts in Karnataka. The first phase - 100MW of solar and 200MW of wind capacity - is expected to be commissioned in the next 36 months. Tendering for the 1.5MW wind turbines is to begin shortly, and the company is already in talks with Eurowinds and Suzlon. Satluj Jal Vidyut Nigam is a joint venture between the governments of India and Himachal Pradesh, has 48 percent equity in the new company.

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