Suryachakra Global Enviro Power Limited
Clean Power for the nation
Suryachakra Global Enviro Power Limited(SGEPL), a wholly owned subsidiary of Suryachakra, had an opportunity in the renewable energy source to establish a 9.8 MW biomass fuel based power plant with the site area of 30 acres near Madwa village in the Champa-Janjgir district of Chhattisgarh State. The project operations started in the May 2008. The project is under operations through a long term power purchase agreement with the Chhattisgarh State Power Distribution Company Limited (CSPDCL). The project has been registered with the UNFCCC for receiving of CERs (Certified Emission Reduction).
In addition to the existing power plant, SGEPL is pursuing on further growth and expansion activities. It is envisaged that the grant of open access would generate attractive revenues. SGEPL expansion activities includes the power project of 20 MW with backward integration of plantations project in a way to create a sustainable biomass model to support not the biomass dearth situations but also to provide continuous fuel supply to the dependent power plants.
Suryachakra has created a Renewable Energy Vertical for focused growth. As part of the restructuring, Suryachakra Global Enviro Power Limited is the Holding Company for South Asian Agro Industries Ltd, MSM Energy Limited and Sri Panchajanya Power Private Limited.
First Climate, Zurich, entered into Shareholder / Subscription Agreements for 26% equity in the Renewable Energy Portfolio. First Climate is currently managing funds of over EURO 250 million. It has offices spread across 4 continents. First Climate advises leading institutional investors, most of them AAA rated.
First Climate is one of Europeans leading carbon asset management companies with offices in five continents for more than ten years’ experience in the market. First Climate develops finances, and implements CDM, JI and VER projects, purchases the resulting carbon credits, and customizes trading solutions for companies subject to the EU ETS. As investment advisor to several institutional investors, First Climate structures and develops carbon and renewable energy funds and related instruments with currently around Euro 250 million under management. First Climate offers unique hybrid carbon-project finance solutions in the way of their own managed funds along with their third party network investor funds. It also has early access to attractive investment opportunities in carbon and renewable energy through its local operations.
Board of Directors
Dr. S. M. Manepalli, Chairman
Mr. M Seshavatharam, Managing Director
Mr. K Vijay Kumar, Director
Mr. K Satyanarayana, Director
Mr. V S Murthy, Director
R.Sudhir Bhat, Director
T. Venkata Raju, Director
Registered Office:
Surya Chakra House
Plot No.304-L-III ,
Road No. 78,
Jubilee Hills,
Hyderabad – 500 033
Tel: +91 40 3082 3000 , +91 40 2355 0597 / 98
Fax: +91 40 2354 1339
E-mail: admin@suryachakra.com
Administrative Office:
304, Block “D”,
Ashok Ratna,
VIP Estate,
Vidhan Sabha Marg,
Raipur Dist. – 492 007
Chhattisgarh State Bank of Hyderabad
Tel: 0771 – 6532755
Fax: 0771 – 4266351
E-mail: lpsl_cg@yahoo.co.in
Factory:
Madwa Village
Post: Basanthpur Tehsil
Janjgir,
Champa – 495 671
Tel : 07819 – 281402
e-mail : lahari_champa@rediffmail.com
South Asian Agro Industries Limited
South Asian Agro Industries Limited (SAAIL) a wholly owned subsidiary of Suryachakra Global Enviro Power Limited, has established a 9.8MW biomass based power plant at Khajuri village in Baloda Bazar Tehsil, Raipur District, Chhattisgarh. The plant is expected to generate 9.8 MW Power on a continuous basis after commissioning. The plant started commercial operations in end December 2008.
The project is under implementation through long term power purchase agreement with the Chhattisgarh State Power Distribution Company Limited (CSPDCL). The project has been registered with the UNFCCC for receiving of CERs.
Board of Directors
Dr. S M Manepalli, Chairman
Mr. M. Seshavatharam, Managing Director
Mr. K. Vijaya Kumar, Director
Mr. K. V. S. S. R. Subrahamanyam, Director
Mr. K Satyanarayana, Director
Mr. V S Murthy, Director
Registered Office:
Surya Chakra House
Plot No.304-L-III ,
Road No. 78,
Jubilee Hills,
Hyderabad – 500 033
Tel: +91 40 3082 3000 , +91 40 2355 0597 / 98
Fax: +91 40 2354 1339
E-mail: admin@suryachakra.com
Administrative Office :
Banglw No 43,
Aishwarya Residency,
Opp: G K Motors,G E Road,
Telibandha,
Raipur – 492006
Tel: 0771 – 6532755
Fax: 0771 – 4266351
E-mail: saail_cg@yahoo.co.in
Factory:
Khajuri Village,
Dhabadih Panchayat, P.O. Raseda,
Via – Balodabazar Tehsil,
Raipur District – 493 332
Tel: 98936 33655
M.S.M Energy Limited
MSM Energy Limited , Parbhani Plant
MSM Energy Limited, a wholly owned subsidiary of Suryachakra Global Enviro Power Limited, is setting up a 10 MW Biomass based power generation plant at Borwand Village in Parabhani district. The project has received all the required permissions, clearances and is being set up in an extent of 20.38 acres of land at Borwand Village. The project has long term PPA with MSEDCL. The project commercial operations shall commence by Sept/Oct 2010. The project has been registered with the UNFCCC for receiving of CERs.
MSM Energy Limited, Amaravathi Plant
MSM Energy Limited, a wholly owned subsidiary of Suryachakra Global Enviro Power Limited, is setting up a 10 MW Biomass based power generation plant at Kholapur village in Amaravathi district, Maharashtra.
The project has received all the required permissions, clearances, and is being set up at Kholapur village in Amaravathi District in an extent of 24.35 acres for the implementation of project. The project has a long term PPA with MSEDCL. The project commercial operations shall commence by Nov 2010. The project has been registered with the UNFCCC for receiving of CERs.
MSM Energy Limited is expanding its activities and is setting up biomass power plants of total 30MW with each of 20MW and 10MW in Amaravathi district and Parbhani disgtricts of Maharashtra state respectively.
Board of Directors
Mr. P. K. Battacharjee, Chairman
Mr. M. Seshavatharam, Director
Dr. S. M. Manepalli, Director
Mr. K Satyanarayana, Director
Mr. K. Vijay Kumar, Director
Mr. V S Murthy, Director
Registered Office:
Surya Chakra House
Plot No.304-L-III ,
Road No. 78,
Jubilee Hills,
Hyderabad – 500 033
Tel: +91 40 3082 3000 , +91 40 2355 0597 / 98
Fax: +91 40 2354 1339
E-mail: admin@suryachakra.com
Administrative Office:
1 st Floor,
Employment Exchange Office,
Gavane Road, Dr. Sony House,
Parbhani Dist. – 431 401
Maharashtra
Tel: 02452 - 220980
Factory:
Borwand B.K.Village,
Parbhani District – 431 401
Maharashtra
Kholapur Village – 444 802
Bathokoli Tehsil
Amaravati District
Maharashtra
Sri Panchajanya Power Pvt Ltd
Sri Panchajanya Power Private Limited is setting up a 10 MW Biomass based power generation plant at MIDC, Limbala village, Hingoli, Hingoli District, Maharashtra State. SPPPL has taken 84 acres of land at MIDC under long term lease.
Sri Panchajanya Power Pvt. Ltd,(SPPPL) a subsidiary of Suryachakra Global Enviro Power Limited, has received all the necessary permissions, clearances and is under active implementation through Engineering procurement and Contract (EPC) with M/s. Ushodaya Energy & Project Consultants Pvt. Ltd., Hyderabad. The project has long term PPA with MSEDCL. The project is being pursued for registration under gold standards with the UNFCCC. The plant commercial operations have been started on 6th Sept 2010.
SPPPL is in the process of expanding its biomass plant capacity by 20MW in Hingoli district, Maharashtra.
Board of Directors
Dr. S M Manepalli, Chairman
Mr. M. Seshavatharam, Director
Mr. K. Vijaya Kumar, Director
Registered Office:
Surya Chakra House
Plot No.304-L-III ,
Road No. 78,
Jubilee Hills,
Hyderabad – 500 033
Tel: +91 40 3082 3000 , +91 40 2355 0597 / 98
Fax: +91 40 2354 1339
E-mail: admin@suryachakra.com |
