Housing and Urban Development Corporation (Hudco) has financed 10 biomass/bagasse based co-generation power projects costing Rs 537.49 crore in Karnataka, Andhra Pradesh and Maharashtra.

These projects can use residue from sugar mills and other biomass as fuel for generating power. Out of these, five projects are in the state of Karnataka, four in Andhra Pradesh and one in Maharashtra.

Total installed capacity of these projects is about 184 mw.

Hudco has sanctioned more than Rs 275 crore as term loan for these projects, said a press release. A 4.5 mw biomass based plant at Ongole in Andhra Pradesh and a 12.25 mw bagasse based co-generation plant at Mudhol in Karnataka have already been commissioned.

A 28 mw bagasse based co-generation plant at Mandya, 24 mw plant at Kakkuwada, Davangere, 20 mw plant at Chikodi, 14 mw plant at Bellad, Balgaum district in Karnataka, are under various stages of construction. Work is also in progress for a 22.5 mw bagasse based cogeneration plant at Chagallu, 6 mw biomass based power plant at Hindupur, a 40 mw power plant Julakal, district Medak in Andhra Pradesh and 12.5 mw bagasse based co-generation plant at Sangli in Maharashtra.

Financial Express