MUMBAI: National Aluminium Company (Nalco) is betting big on renewable energy resources to meet its rising power requirements.
Nalco has commissioned its wind power plants with 50 MW and 50.4 MW capacity in Rajasthan and Maharastra, respectively, at a cost of Rs 669 crore. The company plans to set up another wind power plant of 50 MW capacity and looking at suitable location in the country.
Techno-commercial bids for selection of wind power developer were opened in last December and price bid is in the process of being opened, the company said in its annual report.
The company also plans to set up a 20 MW solar power plant in Madhya Pradesh. The project is registered with MPNRED (Madhya Pradesh New & Renewable Energy Department) and 55.62 Ha land has been transferred to the department in November, 2016.
It has placed an order to commission 50 KWp rooftop solar power plant at Nalco Research and Technology Centre in Bhubaneswar with a total project cost of Rs 37.30 lakh.