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BF UTILITIES
LIMITED

 

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 Group.

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.

     
  Technology
   

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 machines.

     
  Other Features
   

BFUL, by virtue of its entry into renewable energy sector is eligible for the following benefits offered by central and state government (based on the policies in force as on 1st April 2001:

  Wind energy projects have been given industry status with incentives eligible to D1 zone
  The project is eligible for 100% accelerated depreciation
  100% tax rebate is available from power generation for 10 years u/s 80(I)A
  100% Sales Tax deferral scheme makes a unit eligible to defer its sales tax (equivalent to 1/6th of the investment cost for six consecutive years) by 10 years
  Subsidy of Rs.20 Lacs is granted for the project
  Transfer of sales tax benefit to third party possible
  Sale of power to third party possible