Date 24th march 2015. Focal Successfully commissioned the 4.2 MW solar PV project at Village Nangla in Punjab. The plant is evacuating power at 66kV through the Nangla-jaurkein sub-station situated less than 500 Mtrs from the plant.
Through its subsidiary Globus Steel & Power Pvt Ltd, to set up a 20 MW Solar PV plant in the state of Madhya Pradesh. This takes Focal Energy’s total portfolio in India beyond 100 MWs.
Total projects under management of Focal Energy now total to 117.5 MW (AC)
Mr. Anchit Gupta, Director of Business Development, gave a presentation at the Renewable Energy World India 2014, explaining successful strategies for biomass projects using Porter’s 5 forces model.
The plant has been operational for more than a year and is the first operating solar plant in Focal’s portfolio increasing its total operating capacity to 26.8 MW.
Focal Energy signed Power Purchase Agreements with Solar Energy Corporation of India to set up a total of 40 MW of solar projects (spread across three projects of 20MW, 10MW and 10MW respectively) under the National Solar Mission Phase II, Batch 1
Focal signs a co-investment agreement with sunEdison group to co-develop two of its project (10MW each) under the JNNSM Phase II Batch I.
Focal Energy was issued a Letter of Award from Punjab government to develop a 4 MW solar project under the Punjab Solar Policy. Focal Energy independently bid in the Punjab solar tender and qualified to develop the solar project. This shall be Focal Energy’s first solar development complemented with a credible 25 year PPA with the Punjab State Transmission Company. Project is expected to commission by October 2014.
Focal Energy invests in Regency Aquaelectro and Motelresorts Ltd's (RAAM) 7MW hydro project in Uttarakhand. RAAM is promoted by a prominent local promoter, Mr. Arun Sharma, who has built a 1.5MW hydro project in Himachal Pradesh, which is operating successfully with excellent operational and financial results. RAAM's hydro projects comprise, two plants Hanumanganga (5MW) and Nishni (2MW), along with a portfolio of early stage hydro development projects. Hanumanganga is currently operating at a capacity of 3.6MW and expected to be fully operational by end 2013 and Nishni is expected to commission by mid 2014.
Focal Energy has become a shareholder and an investor in Alwar Power, an under construction 7.5MW mustard-based biomass power plant in Rajasthan, India. The plant is expected to commission by December 2012. Focal Energy is developing the plant through a joint venture with Dr. Ajai Bararia, a prominent economist, who worked with the World Bank for nearly 30 years.
Focal Energy, along with its joint venture partner, successfully commissioned Sathyam 10MW biomass power plant within the envisaged schedule. The plant relies on mustard residue and cotton stalk for biomass and has signed a long term power purchase agreement with the Rajasthan State utility. Sathyam is expected to stablize operations by December 2011.
Focal Energy, along with its joint venture partner Mr. Mukund Choudhary and group, successfully commissioned 2MW at the Timbi project. Timbi is a 3MW run-of-the-river hydro-electric project in Himachal Pradesh and is part of the CLC group of projects. Timbi is expected to start operating at 100% capacity by March 2012.
Focal Energy has further strengthened its position in Rajasthan by forming a joint venture with M. C. Bagrodia & Associates, represented by Mr. Sanjay Bagrodia, a prominent local promoter, to co-develop 12MW biomass based power plant. The proposed plant is expected to be commissioned by end 2012 and supply power to the state utility. Earlier in 2008, Focal signed with the promoter to jointly develop a 10MW biomass plant in Merta, which is on course to commission by April 2011. 12MW proposed plant will be located in Sawai Madhopur district.
Focal Energy has diversified its portfolio by investing into a group of small hydro plants. Focal has joined hands with CLC, a company managed by a prominent local promoter, Mr. Mukund Choudhary. CLC’s hydro portfolio comprises, four plants each with a capacity to generate 3MW (Manal, Chandni, Timbi, Hurla). Currently 6MW is operational (Manal, Chandni) and 6MW under development. The entire capacity is expected to be operational by mid 2012.
Focal Energy has collaborated with a prominent local promoter, M. C. Bagrodia & Associates, represented by Mr. Sanjay Bagrodia to jointly develop a 10MW biomass power plant, which is expected to be commissioned by March 2011. This power plant is Focal’s first investment in India and with the joint venture partner, Focal expects to create a platform to develop multiple plants. The plant will be located in Merta, Rajasthan.