articles.economictimes.indiatimes.com
7 Jun 2012
BANGALORE: wind turbine manufacturer Suzlon Energy Group today signed an expression of interest (EoI) with the government of Karnataka to develop 2,500 MW (MW) of new wind power capacity in the state between 2012 and 2017. Speaking on the occasion here, Suzlon Energy Group Chairman Tulsi Tanti said: "This not only reinforces Karnataka's position as one of India's leading markets in wind power, but also illustrates their commitment towards creating a low-carbon economy in the state".
The EoI covers the development of new capacity in wind farms across the state, with developments planned in the districts of Bijapur, Chitradurga, Tumkur, Dharwad, Raichur, Chikmagalur, Mysore, Belgaum and Bagalkot. The investment is worth Rs 15,000 crore, according to a company statement. Under the EoI signed during GIM 2012, the Karnataka government would obtain the necessary permissions, registrations, approvals and clearances for the development of wind farms in the state. Suzlon Energy, in turn, would play the role of a developer and facilitate the flow of investments into the state through its customers investing in wind power. Karnataka has large untapped wind power potential, with estimates ranging around 13,000 MW according to Centre for Wind Energy Technology (CWET).
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