Companies

Hindalco to save ₹97 cr through tie-up with GE

Our Bureau New Delhi | Updated on January 11, 2018 Published on May 09, 2017


GE on Tuesday announced an agreement to upgrade Hindalco Industries’ generation equipment at the Renusagar Captive Power Plant in Uttar Pradesh.

An official statement said that the steam turbine modernisations provided by GE will help increase the plant’s efficiency by up to 6 per cent and reduce the cost of power generation by approximately $15 million (₹97 crore) over five years.

Power accounts for approximately 33-35 per cent of the total cost per tonne of aluminium manufacturing.

With the upgrade, GE will modernise two steam turbines at the Renusagar Captive Power Plant, targeting turbine output increases of up to 4 MW each — improving the efficiency of the plant and extending the life of the units by approximately 20 years, the statement added.

The upgrades will lower the cost of production and improve reliability and availability at the plant.

Published on May 09, 2017
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