Gujrat likely to sign series of MoUs in renewable energy sector

The Government of Gujarat is likely to sign series of MoUs in the renewable energy sector, especially in the wind power . segment, during the Vibrant Gujarat Global Investors Summit(VGGIS)-2009, state officials said on Sunday. "Government has received a good response in all the four sectors with new key players of the industry showing willingness to avail benefits being offered in the state," Minister of Energy and Petrochemicals Saurabh Patel said. "The new policies declared have not only found favour with the investors but also addresses the issue of climate change and global warming," Patel added. Some of the big names in renewable energy sector expected to sign MoUs during VGGIS-2009 are Solitaire Energy, Vestas Wind Energy Technology, Suzlon Gujarat Windpark, Next Gen Syndicate, Astonfield Solar, Wellspun Urja, Enercon India Ltd, Moser Baer Energy, Caritas International and Swiss Park Vanija, Abellon Bio-energy Ltd and others. The companies are expected to sign agreements for setting up power plant projects in renewable energy sector for generation of 50 to 1,000 MW, state officials said. Likewise, the conventional power sector is also expected to attract major companies like L&T Power Development Limited, who is scheduled to sign MoU for setting up 1,680 MW coal-based power plant at Junagadh or Hazira, besides Shapoorji Pallonji Energy for a 2000 MW plant, GMR for 2000 MW power plant and Adani power for 2000 MW power plant at Dholera.