Enking International assured Hetero Group with an on time registration of the new project and the credit trading.
Promoted by Hetero Group, Hetero Wind power Limited was incorporated in 2010 with an objective of setting up Wind Power generation projects across India. The company aims to establish 500 MW capacity wind farms in the next 5 years. Hetero Wind power is promoted by Hetero Group, a pioneering player in domains such as Pharmaceuticals, drug discovery, logistics, infrastructure development, housing constructions, education and other areas of businesses. Hetero is one of India’s leading generic pharmaceutical companies and the world’s largest producer of anti-retroviral drugs.
The company aimed at an objective of setting up Wind Power generation projects across India. It aims to establish 500 MW capacity wind farms in the next 5 years. The main purpose of this project activity is to generate a clean form of electricity through renewable wind energy source. Hetero Wind Power (Pennar) Pvt. Ltd. are the promoters of the proposed project activity. The project activity involves installations of 27 wind turbines of 1.5 MW capacity at Andhra Pradesh. The total capacity of the proposed project activity is 40.5 MW. The project will replace anthropogenic emissions of greenhouse gases (GHG’s) estimated to be approximately 81,514 tCO2e per year, thereon displaces 83,373 MWh/year amount of electricity from the generation-mix of power plants connected to the INDIAN Electricity grid, which is mainly dominated by thermal/fossil fuel based power plant.
State Partition bought certain the difficulties in the registration process of the earlier projects. The management was fed up with the complex procedures and standards. Therefore, Hetero couldn’t make up to the registration. Enking International, however, came into the picture and assured Hetero that the new Project will be registered well on time and the credit trading would be done soon.