Shree Renuka Cogeneration Power Plant is a 15MW biopower project. It is planned in Maharashtra, India. The project is currently in permitting stage. It will be developed in single phase. The project construction is likely to commence in 2023 and is expected to enter into commercial operation in 2024.
| Project Type | Total Capacity (MW) | Active Capacity (MW) | Pipeline Capacity (MW) | Project Status | Project Location | Project Developer |
|---|---|---|---|---|---|---|
| Biopower | 15 | – | 15 | Permitting | Maharashtra, India | Shree Renuka Sugars |
Description
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The project is being developed and currently owned by Shree Renuka Sugars.
The project cost is expected to be around $21.687m.
Bagasse will be used as a feedstock to power the project.
Development Status
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By GlobalDataThe project construction is expected to commence from 2023. Subsequent to that it will enter into commercial operation by 2024.
About Shree Renuka Sugars
Shree Renuka Sugars Ltd (SRSL) is an agribusiness and bio-energy company that operates sugar mills and refineries. The company product portfolio includes sugar, power, ethanol, organic manure. It operates distilleries to produce fuel-graded ethanol and alcohol by using molasses and rectified spirits as biofuels. The company also generates power from bagasse, a by-product of sugar production with a capacity of 242MV, for its captive consumption, and sells surplus power to state grids in India and Brazil. SRSL is also involved in the trading of white and raw sugar, coal, molasses, and alcohol. The company’s operations are spread across Asia-Pacific, the UAE and Africa. SRSL is headquartered in Mumbai, Maharashtra, India.
Methodology
All power projects included in this report are drawn from GlobalData’s Power Intelligence Center. The information regarding the project parameters is sourced through secondary information sources such as electric utilities, equipment manufacturers, developers, project proponent’s – news, deals and financial reporting, regulatory body, associations, government planning reports and publications. Wherever needed the information is further validated through primary from various stakeholders across the power value chain and professionals from leading players within the power sector.
