Puri Oil Mills Limited has traversed a long road from being a household name as ace mustard oil producer, to lighting up lives by generating hydro power since 2006. This move was guided by the sense of eco-friendliness and social sustainability that constitutes the corporate values of the organization. Puri Oil Mills Limited, is a name in the mustard oil segment.
Message from managing director
Puri Oil Mills Limited, the parent company has always moved with the times and took the right step of diversifying into the hydro power sector, anticipating the global energy crisis. The move towards hydro power generation proved to be both lucrative and robust business. Through relentless efforts for commissioning of three micro-Hydel power projects, experiencing both run of the river and irrigation canals, we realized that we had repaid almost half of our debt in three and half years. Our bottom lines grew and so did our confidence and we decided to move away from micro to small projects and were allotted a 14MW Uhl project in Mandi district, Himachal Pradesh.
The project commissioned on 30 September, 2011, is canal-based and generates 1.40MW. The project cost is Rs 18.41 crore. Long term PPA @ Rs 3.67 per unit with HPPC.
The project commissioned on 17 June, 2011, is canal-based and generates 1.40MW. The project cost is Rs 16.87 crore. Long term PPA @ Rs 3.67 per unit with Haryana Power Purchase Centre (HPPC).
The project commissioned on February 22, 2012, is run-of-river based and generates 2.00MW power. The project cost is Rs 19.79 crore. Long term PPA @ Rs 2.95 per unit with Himachal Pradesh Board.