The Hindu : Business : GE to focus more on wind, solar energy

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Friday, Oct 12, 2007
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GE to focus more on wind, solar energy

Special Correspondent

BANGALORE: GE Energy may be more actively involved in contributing its technical expertise in wind and solar energy generation, “if the Indian government also supports this”, GE Energy’s President and CEO, John Krenicki, told The Hindu here on Wednesday.

Areas of concern

“We are already involved with local partners in large scale wind energy projects and solar energy could be ideal for India’s growing needs and the cost factor. We also possess technology for gasification of coal, making it as easy and less polluting to use as natural gas. While the initial cost may be higher than for conventional coal-based power plants, it will be more than made-up over the years with more units of power generated and less water usage. Both should be areas of concern for India,” he said.

GE Energy, which is involved as a technology provider in the revival of the Dhabol power project, along with BHEL and NTPC, feels nuclear energy can be a good option for India.

“For nuclear plants, the capital cost is mostly in infrastructure and it will be less expensive in India. If there are built-in safeguards and fuel processing technology, nuclear power can help in adding to India’s power generation capability without the expense of reducing emissions as in thermal plants,” Mr. Krenicki said.

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