Economist
and bestselling author Jeremy Rifkin in a 2012 interview with Renewable Energy
Focus Magazine said India is the “the Saudi Arabia of renewable energy sources”
if the country can achieve the logistics and financing to tap into its vast
renewable energy resources. India is currently ranked among the world’s most
active players in renewable energy, and as of December, 2013, had installed
capacity of about 69.3GW of renewable technologies-based electricity.
Apparently, there’s room to grow.
To
further achieve its potential and ease strain of the country’s overburdened
electricity grid, India’s government actively encourages investments in the
country’s renewable energy market, offering incentives and tax holidays to
endorse the development and use of renewable energy sources.
Aligned
with these initiatives, the Ministry of New and Renewable Energy is charged
with the task of developing small-hydro power (SHP) projects with up to 25MW
station capacities with estimated power generation potential of about 20,000MW
from such plants. For comparison purposes, this is enough energy to power
approximately 20,000 homes for one hour. It may not sound like enough energy to
make a significant difference, but consider the following. The average Indian
household uses roughly 250kWh over the course of an entire year while a single
new refrigerator in the U.S. uses about 350kWh per year. The energy demand from
individual Indian households is far less than we consume in the United States.
The
Ministry is primarily focused on implementing projects in remote and hilly
areas lacking adequate electrical transmission grid infrastructure or
accessibility. It is estimated that nearly a fourth of the country’s population
are without power. The Ministry aims to capture at least 50% of the company’s
renewable energy potential within 10 years and provide electricity to these
areas while alleviating pressure off the grid.
A
world away but closely aligned with government initiatives, Carson City,
Nevada-based Pan Global, which also has a Mumbai office, is concentrated on
developing renewable energy projects in India, specifically in the areas of
hydro-power generation, solar PV, geo-thermal, sustainable agriculture and
green construction.
The
company is currently in the process of acquiring Project Badyar, a 5.7MW SHP
plant northeast of New Delhi, India. On an annual basis, Project Badyar’s power
output is estimated at 27,500MWh. When running at full capacity, a staff of
approximately 30 employees will operate the plant in three rotating shifts 24/7
year-round. The project is in the final stages of construction and upon
commercial operations in the next several months is expected to generate annual
revenues of approximately $1.95 million for a 35-year period.
Project
Badyar’s power generation process starts on the river, where water is partially
collected by a diversion trench weir and passed on into the desander, which
filters out sediment and foreign particles in the water. One of the most vital
parts of a small-hydroelectric power plant, the desander’s filtration protects
the mechanical equipment used later in the process.
After
leaving the desander, the water flows through conveyance lines into the forebay
tank (or “surge tank”), a massive storage reservoir that reduces pressure changes
caused by rapid changes in the velocity of water. A pipe placed at a steep
angle carries the water from the forebay tank to the motor in the powerhouse,
earning its name by increasing the pressure and speed of water flow to directly
impact power output. The powerhouse houses a control room, two turbines, two
generators and drives produced power through the switchyard and then to the
substation, which in turn feeds the electricity directly to the grid and is
then passed on to consumers.
The
entire process is hailed as having minimal impact on the surrounding
environment, making small hydroelectric power projects a clean and
cost-effective solution to provide electricity to remote areas of India. As the
government continues to push incentives to foster their growth, widespread
acceptance and application of these projects creates significant market
opportunity for Pan Global.
For
more information, visit www.panglobalcorp.com
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