Power News We love to talk!

APR 13 2018

Kerala pursuing hydro, wind and solar power projects to cut costs

  • Economic Times, ET Bureau / Hyderabad
  • Created: Fri 13th APR 2018

 

KSEB will be focusing on small hydel projects to generate power and income. As of now, each year it spends around Rs 7,500 crore to purchase power from other states.

If more power generation plants are constructed, KSEB can reduce its loss. “We generate 30% of the electricity required in Kerala. So, we will have to generate more power if we want to reduce the loss. The most important thing is to start projects that generate power at a cheap rate and hydel projects top the list,” said power minister MM Mani.

“We have resumed the work at Pallivasal for the hydel project. During the period of VS Achuthanandan government, close to Rs 300 crore was spent on the project. UDF, which came to power later, abandoned the project midway. We would be starting 25 small hydel projects,” he said.

The government also plans to generate electricity from alternative methods like solar and wind energy. “After LDF govt took charge, it began solar projects that added 150 MW. We will be generating 500MW solar plants. Government institutions, CBSE schools, hospitals etc will have to generate solar energy. The government has started taking steps in this direction,” he said.

Energy from wind is another major option. “There are already windmills in Ramakkalmedu. We will be starting more projects for utilising wind energy,” he said.

 

Tags

Kerala Kerala State Electricity Board Pallivasal HPS Solar Energy Wind Power Generation Energy Power Electricity Solar

Related News

  • ICRA assigns stable rating to CWPR, a Hero wind energy subsidiary  Read more
  • PM Narendra Modi for innovation in renewable energy for affordable power  Read more
  • India to benefit as oil prices fall more after China devalues Yuan  Read more
  • Mytrah Energy gets Rs. 595 cr funding for new projects  Read more
  • Tata, Adani Power may have to wait longer for tariff hike  Read more
  • India to be first in world to run all government ports on green energy  Read more
  • Unite against proposed changes in electricity board, workers told  Read more
  • BSES consumers using Paytm to get Rs 200 cash back on electricity bills  Read more
  • Cairn Energy buys stake in Irish blocks  Read more
  • Bhadla solar bid could touch new low price point  Read more