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Business Daily from THE HINDU group of publications Monday, October 6, 2008 ePaper | Mobile/PDA Version | Audio |
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Update at 1800 hrs (IST)
Govt/States ITC commissions 14 MW wind energy project in TN NEW DELHI: Diversified conglomerate ITC on Tuesday commissioned a 14 MW wind power project in Tamil Nadu at an investment of about Rs 90 crore and would use the output to meet energy requirement at its packaging and printing plant in the state. “ITC will now utilise wind energy in its packaging and printing business as part of its commitment to progressively use renewable energy to further consolidate its carbon positive status,'' a company statement said here. As part of the project, ITC woul d install four windmills in Theni district near Madurai and five windmills in Radhapuram Taluk in Tirunelveli district at a capital cost of about Rs 90 crore, it added. Power generated from these mills would be used for captive consumption of its packaging and print plant at Tiruvottiyur, Chennai. “The project will not only result in cost savings but will also enhance ITC's positive environmental footprint,'' it said. Wimco, an ITC subsidiary, is already using four turbines of 250 KW each feeding into the Tamil Nadu Electricity Board grid at Mupp andal at Tirunelveli. - PTI
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