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The Project involves 8 biomass based Power Projects in various districts in Haryana state on a BOO basis. Each of these projects involve the development of a 10-24 MW power Projects based on biomass fuel, essentially rice straw and rice husk. The client is Haryana Renewable Energy Development Agency (HAREDA). The partners in the SPV will be Gammon and Bermaco Energy Systems Limited (BESL). Currently, the Detailed Project Report (DPR) preparation is underway. The Power Purchase Agreement will be for 20 years from the date of commencement of operations.
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HARYANA BIOMASS POWER LIMITED (HBPL) 