Bharat Forge had established the Financial Services division in
the year 1990 to effectively deploy and leverage the financial resources
of the company. The division performed extremely well and its assets
grew rapidly. The Windmill Division was formed in late nineties
to harness the wind energy for captive consumption of Bharat Forge
and other group companies. The total capacity of this project is
18.33 MW. However, with a view to concentrate on the core activity
of Forging and also for financial restructuring and better control
over operational efficiencies, the Financial Services and Wind Mill
Divisions were de merged by Bharat Forge into BF Utilities in the
BF Utilities Ltd. (BFUL) was setup to satiate the power requirements
of the Kalyani Group companies. Power, apart being a scarce commodity,
is also a critical element in the Group's activities, which includes
steel making, forging, machining etc.
In its endeavor to generate power to fulfill the requirements
of the group and to lessen the burden on the Electricity Board,
BFUL has also shown its commitment to conserve the environment
by generating renewable energy through non-conventional resources.
Though the concept of wind power is new in India, BFUL has developed
the wind farm in phases since 1998, and has thus, in the process
gained experience to further expand its power generation capacities.
The cost of power is a major input in the manufacturing process
of the Group companies. Power generation through windmills is
an attempt to negate the risk of rising power costs for the Kalyani
The incentives offered by the government to wind power plants
also has encouraged the company to foray into this sector.
BFUL has set up wind-assisted power plants at Thoseghar in Satara
District of Maharashtra. The site has been declared as the best
site in the state by MNES with an annual mean wind speed of 23.3
KMPH and annual mean wind power density of 287 W/m2 at 30 m. The
windmills have been set-up in phases since June '98 and as of
now, 51 machines of 230 KW capacity each and 11 machines of 600
KW capacity each have been set up. This would generate around
40.0 Million units annually. The total capacity of the power plants
is 18.33 MW.
BFUL uses the state-of-art technology in their machines manufactured
by Enercon India Ltd. with the support from its business partners,
Enercon GmbH, Germany, which has presence in many countries. The
unique concept of 'gearless' Generator has given our machines
an edge over other technology turbines in India. With steady growth
of adding projects, in stages Kalyani group has ensured that the
projects are viable and also shall yield good generation year
after year. With the right people to support & scrutinize
the performance of the manufacturers, in the organization the
group has been able to ensure the best micrositing, the science
of locating the turbines and has the good promise of optimum generation.
The machines are also under long-term contract for the turn-key
operation and maintenance by the manufacturer itself so that there
is continuous up-gradation with the support of Enercon, Germany
and also use the right techniques and parts to carry out the upkeep
of the long term investment machine.
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