USTDA Connects U.S. Industry to Energy Opportunities in India
July 30, 2018
(USTDA)
Washington, D.C. – Today, the U.S. Trade and
Development Agency signed a grant supporting
technical design and project planning work for
a 41-MW hybrid wind, solar, and energy storage
power plant in Andhra Pradesh, India. The
grantee is IL&FS Energy Development Company
Limited (IEDCL), a private sector energy
company in India. The technical assistance will
advance pre-implementation and pre-construction
activities for the plant, which is expected to
lead to a 1,040 MW installation.
IEDCL selected Black & Veatch, a
Kansas-based engineering firm, to carry out the
technical assistance. This project is a
follow-on to previous USTDA-support that
assessed the technical, financial and
commercial viability of wind, solar, and energy
storage hybrid power projects in the Indian
states of Gujarat and Andhra Pradesh. Following
the completion of that analysis, IEDCL and the
Government of Andhra Pradesh signed a
Memorandum of Understanding to develop the
1,040 MW project.
The grant was signed at the Indo-Pacific
Business Forum hosted by the U.S. Chamber of
Commerce, where U.S. Cabinet Secretaries and
senior leaders from government and business
discussed potential areas of collaboration in
the Indo-Pacific. USTDA’s Director,
Congressional and Public Affairs, Thomas R.
Hardy and IEDCL’s Chief Operating Officer,
Mr. Keshav Prasad participated in the signing
ceremony. Black & Veatch executives
witnessed the occasion.
“We appreciate the opportunity to support
India’s energy infrastructure goals,” said
Mr. Hardy, “while at the same time, creating
new opportunities and market access for U.S.
industry.”
“Grid modernization through hybrid projects
like this one will help promote sustainable
economic growth in India, and support the
government’s goal of reaching 175 GW of
capacity from renewable sources by 2022,”
said Jason Abiecunas, Black & Veatch’s
Director of Distributed Energy Resources.
“Hybrid solutions, by optimizing output and
reducing variability, will also improve the
bankability of renewable energy projects.”
This project supports the goals of the U.S.–India Energy Cooperation
Program (ECP) launched by USTDA, the Indian
government, and the U.S. private sector in
2010.
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