Bharat Heavy Electricals (BHEL) has successfully commissioned the first unit of 82.5 MW at the upcoming Shrinagar Hydro Electric Project (HEP) in Uttarakhand. The greenfield hydro electric project consisting of four units of 82.5 MW each is being set up by Alaknanda Hydro Power Corporation (GVK Group).
Location of the Project : Alaknanda River, a major tributary of the Ganga River, a perennial river in Uttarakhand.Near the town of Shrinagar in Pauri Garhwal District of Uttarakhand.
- The project is designed to utilise the waters of River Alaknanda by way of a diversion dam .
- Power generation from Shrinagar HEP is likely to result in reduction of greenhouse gas emissions.
Current Projects under Execution by BHEL in Uttarakhand:
- Lata Tapovan HEP (3×57 MW)
- Tapovan Vishnugarh HEP (4×130 MW)
- Vyasi HEP (2X60 MW)
- Vishnugarh Pipalkoti HEP (4×111 MW)
So far, more than 500 hydro generating sets of various ratings have been contracted on BHEL in India and abroad, with a cumulative capacity of more than 26,000 MW. Of these, equipment for about 5,000 MW generating capacity has been contracted outside India.
India’s Installed Renewable Energy capacity Target by 2022 :
- Overall Target – 175 GW
- From Solar energy – 100 GW
- From Wind energy – 60 GW
- From Hydro Energy – 10 GW
- From Bio-Mass related Energy Source – 5 GW
About BHEL :
- Owned by Government of India, is a power plant equipment manufacturer and operates as an engineering and manufacturing company based in New Delhi, India.
- Full Form : Bharat Heavy Electricals Limited
- Headquarters : New Delhi
- CEO : B.Prasada Rao
Related Important Terms and Definitions :
Greenfield Operation : A type of venture where finances are employed to create a new physical facility for a business in a location where no existing facilities are currently present. A greenfield investment originally referred to locating new company buildings on a pasture that was literally a green field, but the term is often used generally in modern business communication.
Brownfield Operation : When a company or government entity purchases or leases existing production facilities to launch a new production activity. This is one strategy used in foreign-direct investment.