Nagaland DISCOM secures power at Rs 5.06/kWh from bamboo biomass
POWER & RENEWABLE ENERGY

Nagaland DISCOM secures power at Rs 5.06/kWh from bamboo biomass

Hutah Industries, a company engaged in producing power from biomass, recently entered into a power purchase agreement (PPA) with the Department of Power in Nagaland. The agreement pertains to a bamboo biomass project generating 10 MW of power. This project is located at the AK Industrial Village in Dimapur, Nagaland. It's important to note that the project will follow a build, own, and operate framework.

The proposed project is set to cover an expanse of 1,500 acres of land, which has been obtained through a 25-year long-term lease. This land will serve as the site for the bamboo power project at the AK Industrial Village. The responsibility for executing the project rests with Hutah Industries, and they plan to adopt a turnkey approach, encompassing engineering, procurement, and construction (EPC).

The determined tariff for the electricity generated by this project is Rs 5.06 per kilowatt-hour (kWh). This rate will remain applicable throughout the 25-year duration of the power purchase agreement.

According to the terms of the agreement, the project needs to be operational within two years from the date of signing the PPA. As part of the arrangement, the Department of Power in Nagaland will oversee the establishment of an evacuation line from the factory to the Ganesh Anagar 33 kV substation. The costs associated with this line will be covered by the company, and the payment will be made 18 months before the project's commissioning.

The chosen crop for this endeavour is Beema bamboo, a variety developed through tissue culture by an Indian scientist named N Barati.

The core of the project involves the integration of a technology-driven platform. This platform will manage and monitor various stages, spanning from the initial sowing to the eventual harvest of bamboo.

A crucial aspect of the project is effective inventory and logistics management. This will be closely intertwined with an agricultural drone-based monitoring system, designed to optimise bamboo estate operations within the challenging terrain of hilly areas.

Furthermore, an emission reduction purchase agreement (EPRA) has been established to facilitate the trading of carbon credits.

This agreement has been formed with EKI Energy and spans a decade. The listing process for this agreement is presently in progress.

Also read:
ADB funds Rs 1.2 billion loan for Fourth Partner Energy
Kerala power minister adopts alternative smart metre model

Hutah Industries, a company engaged in producing power from biomass, recently entered into a power purchase agreement (PPA) with the Department of Power in Nagaland. The agreement pertains to a bamboo biomass project generating 10 MW of power. This project is located at the AK Industrial Village in Dimapur, Nagaland. It's important to note that the project will follow a build, own, and operate framework. The proposed project is set to cover an expanse of 1,500 acres of land, which has been obtained through a 25-year long-term lease. This land will serve as the site for the bamboo power project at the AK Industrial Village. The responsibility for executing the project rests with Hutah Industries, and they plan to adopt a turnkey approach, encompassing engineering, procurement, and construction (EPC). The determined tariff for the electricity generated by this project is Rs 5.06 per kilowatt-hour (kWh). This rate will remain applicable throughout the 25-year duration of the power purchase agreement. According to the terms of the agreement, the project needs to be operational within two years from the date of signing the PPA. As part of the arrangement, the Department of Power in Nagaland will oversee the establishment of an evacuation line from the factory to the Ganesh Anagar 33 kV substation. The costs associated with this line will be covered by the company, and the payment will be made 18 months before the project's commissioning. The chosen crop for this endeavour is Beema bamboo, a variety developed through tissue culture by an Indian scientist named N Barati. The core of the project involves the integration of a technology-driven platform. This platform will manage and monitor various stages, spanning from the initial sowing to the eventual harvest of bamboo. A crucial aspect of the project is effective inventory and logistics management. This will be closely intertwined with an agricultural drone-based monitoring system, designed to optimise bamboo estate operations within the challenging terrain of hilly areas. Furthermore, an emission reduction purchase agreement (EPRA) has been established to facilitate the trading of carbon credits.This agreement has been formed with EKI Energy and spans a decade. The listing process for this agreement is presently in progress. Also read: ADB funds Rs 1.2 billion loan for Fourth Partner Energy Kerala power minister adopts alternative smart metre model

Next Story
Building Material

JK Lakshmi Cement posts Rs 190.24 mn loss in Q2; revenue dips 2.2%

JK Lakshmi Cement reported a consolidated net loss of Rs 190.24 million for the second quarter ending September 30, 2024, attributing the downturn to a drop in sales realisation. This was a significant change from the previous year when the company recorded a profit of Rs 950.87 million during the same period, as indicated by JK Lakshmi Cement (JKCL), the flagship company of JK Organisation. Revenue from operations for the September quarter decreased by 2.16 per cent to Rs 12.34 billion, compared to Rs 15.74 billion in the year-ago period. Additionally, JKCL's total expenses were slightly low..

Next Story
Infrastructure Energy

Epsilon partners with S Korean firm for high-capacity Li-ion batteries

Battery material manufacturer Epsilon Advanced Materials announced that it has partnered with South Korean firm Daejoo to develop a Silicon-Graphite composite aimed at enhancing the discharge capacity of lithium-ion batteries. Under this joint initiative, the two companies have set an ambitious goal to create materials for lithium-ion batteries with a capacity of 450 - 600 mAh/g, targeting a 50 per cent increase in discharge capacity and a life span extended by thousands of cycles, according to Epsilon. As part of this collaboration, Epsilon will supply synthetic Graphite to be utilised in..

Next Story
Infrastructure Transport

Govt plans next phase of airport privatisation in 2025-26 Budget

The central government is preparing to initiate the next phase of airport privatisation and development under the public-private partnerships (PPP) model following the 2025-26 Budget, as per information from three officials familiar with the plans. According to a senior official from the Ministry of Civil Aviation, the cabinet note outlining the next phase of airport privatisation is nearly finalised and will be presented to the Ministry of Finance next week, before being forwarded for Cabinet approval. The official further indicated that the central government is keen to begin this process ..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000