The “Meenakshi” Group prides itself in being an admired player in the Indian infrastructure sector, with a reputation for trustworthiness and an unparalleled commitment to delivery, built up through project execution experience of well over a decade and a half. The Meenakshi Group of Companies, has made its mark in different sectors of Infrastructure development like Road works, Power Projects and other Development Projects like building IT Parks, commercial and residential real estate etc. The Group is also focusing on acquisition of fuel sources as a part of its strategy to become an integrated player in the energy value chain and has already made rapid strides in this regard. Besides, Meenakshi has also forayed into renewable energy generation recognizing the need for contributing to developing sustainable solutions to addressing the energy needs for a growing country like India.
Our Power Generation Vertical is represented by various special purpose vehicles, engaged in developing Hydel Power, Thermal Power and Renewable Energy Generation plants. We believe in the tremendous emerging opportunities in the Indian power and energy space and focus on developing power projects to convert these opportunities into value generators for the various stakeholders.
Among its many achievements that Meenakshi Energy can proudly claim is the successful construction of 37 MW Hydel Power plants in Orissa which has been already sold through a forward contract for 30 years through PTC India Limited. Our Thermal initiatives are being forerun in the form of an implementation of a 900 MW coastal Thermal Power Project at Krishnapatnam in Andhra Pradesh. The first phase of the Project (300 MW) has been configured in a unique “part tolling-part merchant “ configuration with PTC India Limited. The renewable energy initiatives include a strategy of owning up capacities by setting up small biomass units, small hydro plants as well as wind energy projects as well as adopting the acquisition route to expand existing configurations prevalent at such sites.
Led by a powerful vision, of being the most admired integrated power and energy company within next 3 years. Meenakshi Energy surges ahead into yet another year with plans of sustained growth and greater value to all the stakeholders in the energy value chain. |