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Home arrow News arrow Business News arrow Yuken India Ltd to get Gasification Power Biomass Plant at Bangalore facility
Yuken India Ltd to get Gasification Power Biomass Plant at Bangalore facility Print E-mail
Written by James   
Wednesday, 17 November 2010
Bangalore: Yuken India Limited, a manufacturer of oil hydraulic equipment, will soon get a 4 MW/h Gasification Biomass Power Plant operating on gas engines at it's manufacturing facility in Bangalore, India. The gasification will provide Yuken a secure and sustainable supply of renewable electricity on site.

Yuken India has entered into a Memorandum of Understanding with Clenergen Corporation for the installation of the Power Plant. The 4 MW/h biomass power plants will be installed and operational within 10 months upon signing of a Power Purchase Agreement.

Clenergen India Private Limited, a wholly owned subsidiary of Clenergen Corporation, shall enter into a minimum 15 years Power Purchase Agreement (PPA) to supply Yuken up to 2.5MW/h, with the balance of electricity generated being sold to the National Grid System.

"Energy security is critical to our manufacturing operations. Regular shortages of electricity within the southern states of India are now affecting our supply chain. Clenergen offers our company a turnkey, cost effective and sustainable solution to this problem," said C. P. Rangachar Managing Director of Yuken India Ltd.

Clenergen India will lease up to 800 acres of non arable land near the manufacturing site in order to grow a high yielding species of bamboo as a source of biomass for the gasification power plant. After 10 years of breeding and fertilization programs, the bamboo is produced from tissue culture, resulting in an asexual, non-invasive, non-flowering plant which a lifespan of up to 50 years.

"We continue to expand into the mining and manufacturing industrialized markets where energy costs and security of uninterrupted supply is critical to their production requirements. The cost savings created from the cultivation of our own biomass feedstock allows us to supply electricity at a price lower than the current market prices and extend our vertical market penetration into these market sectors," said Mark Quinn, Executive Chairman of Clenergen Corporation.

 
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