PEDA To Allocate 21 Biomass Power Projects To Private Developers
Punjab Energy Development Agency (PEDA) has decided to allocate 21 out of the total 31 biomass power projects to private developers, reported mynews. PEDA has received an investment of INR14.5 billion from the private developers for these power projects. These 21 biomass power projects will have the total capacity of 220 megawatt (MW) of clean energy. The power projects are projected to be commissioned by September 2010.
Punjab Science and Technology Secretary Viswajeet Khanna said, These power projects are to be set up in the state on Build, Operate and Own (BOO) basis and private investment to the tune of INR14.5 billion has been attracted in this sector.”
Viswajeet Khanna has further added that for promoting cogeneration in the industries, PEDA has commissioned six biomass cogeneration projects with a total capacity of 39 MW. Such four projects with total capacity of 91 MW are in improved stage of completion. Another eight such projects with a total capacity of 71 MW are in the pipeline.
The direct employment for 1,600 skilled persons and indirect employment for 5,000 persons will be created in the state, with the completion of these power projects.

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