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Press Kit |
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About Techno Electric & Engineering Co. Ltd: |
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Techno Electric and Engineering Company Limited (TEECL), headquartered in
Kolkata, is a leading EPC company in the power sector. TEECL provides
engineering, procurement and construction services to all the three segments of
power sector namely generation, transmission and distribution. It is involved in
commissioning in one capacity or other over 50% of India’s thermal power generating capacity and
setting up major portion of the National Grid |
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With over three decades of rich experience in the power sector, TEECL has
been the preferred vendor for all PSUs. BHEL awarded TEECL as the best
electrical vendor for the year 2010. |
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TEECL has been growing vertically into Power Generation (2009) and
Transmission Network (2010). TEECL along with its subsidiary Simran owns 151.55 MW of wind energy
assets in the country and plans to expand capacity to 300 MW by 2012 and 1,250 MW
by 2017.
TEECL won the first of its kind PPP contract in its Transmission vertical, in
consortium, to build, finance, operate and transfer with a concession period of
25 years (extendable by 10 years) a 400KV, 2 Nos. 24 bay sub-stations at
Rohtak/Sonepat, 100 km long transmission link in Haryana. TEECL will do EPC,
Operations and Maintenance work for the sub-station part of the project and is
likely to be commissioned by Dec’11. This is the first intra-state Power
Transmission project in the country, which has been awarded under the concept of
Public Private Partnership (PPP) on Design, Build, Finance, Operate and Transfer
(DBOFT) basis with the provision of Viability Gap Funding support from the
Central Government. |
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About Simran Wind Project Pvt. Ltd. |
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Simran Wind Project Pvt. Ltd. a wholly owned subsidiary of Techno
Electric Engineering Company has an installed capacity of 106.55 MW of wind
energy generation.. The company’s existing capacity has been successfully
registered on February 19th, 2011 with UNFCC for 50,000 CER’s.
Simran’s 7.5 MW of existing capacity has been successfully registered with the
Indian Renewable Energy Development Agency (IREDA) for GBI. |
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With the aim to become a major player in the green energy space, Simran
plans to expand its existing capacity by another 200 MW (125 MW by August’11
balance 75 MW by March’11. The total projected cost for the expansion is Rs 1,150
crore funded with a mix of debt-equity.
Going deeper in the green energy space Simran Wind Project Pvt. Ltd. aims to own
1250 MW of renewable energy capacity by 2017 by adding 150 MW to 200 MW each year. |
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