PSPCL Signs PPA with Hyderabad based Company KAMMA Gear Flywheel Green Power

By 121 News

Chandigarh, July 31, 2023:- KAMMA Gear Flywheel Green Power Generation, Hyderabad based Company had signed a Power Purchase agreement (PPA) with Punjab State Government under the leadership of Shri Bhagwant Mann, Chief Minister of Punjab for the generation of uninterrupted green electricity for the state of Punjab through Punjab State Power Corporation Limited (PSPCL). KAMMA Gear Flywheel Green Power Generation Company will sell green electricity to PSPCL. The innovativeness of this uninterrupted power generation is based on pulse-based flywheel mechanism.

A press conference was organized here today at Press Club Chandigarh Researcher Dr. Chaganti Srinivas Bhaskar explained that this power generation system has been developed along with his wife Dr. Bala Chaganti who worked on this research area for more than 30 years. Furthermore, Dr. Srinivas Bhaskar had clearly emphasized that the common man's Govt. led by Bhagwant Mann is a real hero, who felt the pain and problem of AAM Aadmi. "The company proposed to supply power to PSPCL at a fixed tariff of Rs. 3.00/kWh for the whole term of the PPA, that is for 25 years. This PPA is for one Megawatt (installed capacity). This company is generating 24 MW per day for ONE MW capacity plant. Furthermore, the fixed tariff rate for multi-MW PPA's is of Rs. 1.00/kWh." The main aim of this Punjab Government is to supply the free electricity all over the state in order to enhance the living standards of the people of Punjab, economically and became the role model to the country. Afterwards, the Punjab state will supply the generation of excessive electricity to the other states and also make the people of other state happy. Further, the amendments and policies adopted by the AAM AADMI party will soon become an example to the other states in India and also the other parts of the world.

Also, the use of this developed technology is to benefit the common man economically and also to support the agricultural sector in a large scale. Furthermore, this green electricity is used for the induction loads and the lighting loads, where government involved PSUs survive by consuming multi megawatt every hour throughout the country, which ultimately leads to improve the quality life of the common man.

Currently, all the steel manufacturers rely on the traditional energy sources, such as coal and gas, which are not only harmful to the environment but also vulnerable to price fluctuations. The flywheel-based energy generation system offers an alternative to these traditional energy sources, as it relies on renewable energy and does not produce greenhouse gas emissions. By implementing this technology, the steel manufacturers can reduce the carbon footprint and improve their environmental performance. This technology can also help to reduce energy costs and increase energy efficiency, which can lead to significant cost savings in the long run. Currently, the steel manufacturing is one of the most energy-intensive industries in the world. It consumes a significant amount of coal and electricity per ton of steel produced. In fact, for every ton of steel produced, approximately 1.8 tons of coal or 850kw of grey energy are used. Additionally, the electricity used in steel manufacturing accounts for a significant portion of the overall energy consumption.

In conclusion, the researchers would like to express their gratitude to Shri. Bhagwant Mann, the Chief Minister of Punjab for the timely approach to make this technology prosper for the people and the nature.