PEDA commissions eight power projects
Providing impetus to the promotion of co-generation power projects, Punjab Energy Development Agency on Thursday announced the commissioning of eight biomass projects of 104.25 mw capacity in the state, involving an outlay of Rs 422 crore. The industries which are setting up these projects include A B Sugars (33 mw) in Hoshiarpur, Rana Sugars (23 mw) in Amritsar, Abhishek Industries (20 mw) in Barnala, Chandigarh Distillers & Bottlers (8.25 mw) in Patiala, Nectar Life Sciences (6 mw) Mohali, Setia Paper Mills (5 mw) in Mukatsar, Shreyans Industries (3.5 mw) in Sangrur and A B Grain Spirits (5.5 mw) in Gurdaspur, said Punjab non-conventional energy minister Bikramjit Majithia. The tariff for the current financial year 2007-08 under New and Renewable Sources of Energy policy is fixed at Rs 3.59 per Kwh, he said. PEDA provides technical and facilitation services for setting up these projects.