Companies in this industry operate electric power generation facilities that convert other forms of energy, such as fossil fuels, nuclear, water, wind, and solar power, into electrical energy.
The global electricity industry generates about 23 trillion kilowatt hours (KWH) of electricity. The leading countries in electricity generation are China, the US, India, and Russia. About 20 percent of the world's population does not have access to electricity, resulting in an unmet demand that will fuel industry growth in areas like India and Africa.
Demand is driven by commercial, government, and residential needs for electrical power, which depend mainly on economic activity and population growth. Profitability is determined by government regulations and fuel costs.
Greta Energy Limited, part of Greta Group of Companies has set up a 15 MW Power Plant (Biomass based) and is feeding power on a regular basis into the Maharashtra State Grid. The Company has a policy committed to a clean and green environment and as part of this initiative is also contemplating setting up of a plant to manufacture bricks from out of the fly ash generated from the power plant.
Greta Energy Ltd
Greta Energy Limited is a mainstream participant in the growing Indian energy industry and has set up a 15 MW Power Plant (Biomass based). The Plant is on a 25 acre site located at Plot No.A-28, MIDC Growth Centre, Mul, District Chandrapur, Maharashtra State. The Power Plant was successfully commissioned on the 10th of August, 2012 and is feeding power on a regular basis into the Maharashtra State Grid. The Company has sufficient vacant land available at the site and intends to increase the installed capacity presently by evaluating its Phase – 2 expansion plans of setting up a unit of similar capacity.
The Company has a policy committed to a clean and green environment and as part of this initiative, is also contemplating setting up of a plant to manufacture bricks from out of the fly ash generated from the power plant.
With a core belief in sustainability both operationally and environmentally, Greta Energy Limited also endeavours to be responsible by playing an important role in the community beyond its role in the power generation industry.
Be one of the leading companies in India’s fast growing energy sector.
To grow shareholder value, focusing on the adoption of technologies and methodologies to meet sustainable energy needs of India.