Adani Power’s two projects gets Government nod

The national authority on clean development mechanism (CDM) has permitted Adani Power to set up two power projects to draw carbon credits worth Rs290-crore annually.

The company has made attempts to substantially reduce greenhouse gas emissions (GHG) and increase productivity of its plants located in Maharashtra and Gujarat. The combined power generation capacity of the two power projects are 3,960 MW.

Adani Power(APL) is setting up the two coal-fired power plants with super-critical technology. The company is investing about Rs 18,270 crore in the two projects. The two units will generate 2,617,567-carbon emission reduction (CER) per annum till 2012. The current trading price of CER is at 12 Euro per CER. Thus, APL will be able to generate revenues of Rs140-150 crore annually from it.

These plants will have condensing steam turbines where steam would be utilized only for power generation and the electricity generated would be used for the local and national grid. The two plants have a steam temperature of 5,710 Celsius and a pressure of 25.4 Mpa (Mill Pascal).