M/s. Greenko Energies Private Limited, Hyderabad is a premier Independent Power Producer engaged in installation, operation and maintenance of power plants in both small hydro and bio mass sectors. The company is desirous of acquiring “Hemavathi Left Bank Canal and river power houses” which are operational and owned by “Hemavathi Power and Light Company” incorporated in the year 2001 in Bangalore and promoted by Mr. Anthony Dinapoly, a private equity investor based in Bedford. The Project under consideration for acquisition by M/s. Greenko Energies has a total installed capacity of 24 MW and consists of i) Hemavathi Left Bank Canal Power house of 16 MW (4 x 4 MW) which was commissioned in September 1999 and ii) Hemavathi River Bed Power House of 8 MW (2x 4 MW) which was commissioned in July 2005.

    M/s. Greenko Energies Pvt. Ltd., has retained M/s. Design Group Project Consultants Private Limited, Bangalore to carry out the Due Diligence Study of the Project and submit a Report to enable them to proceed in the matter of acquisition. Accordingly, M/s. Design Group has prepared the DPR.

    Energy generated from the complex is almost same as the energy yield computed from reservoir simulation. For the 4 years after commissioning of the River bed power house the average annual energy generation id 82.074 million units against the average annual energy of 87.912 million units as per reservoir simulation studies conducted by DG.

    There is scope for adding an additional unit of 4 MW in River bed powerhouse after further study.