INTERNATIONAL ALTERNATE ENERGY TRUST
A new revolutionary system to harness the POWER of the ocean
A new revolutionary system to harness the POWER of the ocean
A drawing of BHAGIRATA
The ocean has tremendous potential as it offers densest source of free energy in the form of waves or tidal currents.BHAGIRATA avails this free energy to generate CLEAN and GREEN power
Intense research led us to evolution of a new revolutionary system, BHAGIRATA. The system is scalable and can generate 100-1000 MWs or more of grid interactive power on 27x7 basis at over 80% of installed capacity, that too at an installation cost of about Rs. 6.5-7 crores/MW. The system is able to generate power round the clock as it isdesigned to store ' Ocean Energy' in the form of Water in its reservoirs. As the system doesn't burn any fuel, recovery of investment and profits will be early and high, compared to all other existing systems geberating the versatile Electric power. Besides, BHAGIRATA, would serveas an exceptionally good Base Load System. If India uses just 25% of its coast, it can generate over a million MWs of power with which all types of vehicles can be run and all households can be supplied with power. Now the our country is planning to install Solar PV on a large scale, it may not be essential to use 25% but less.
Some preliminary experiments have been conducted a with specially designed Composite Hydraulic pump to imbibe the energy of the ocean aiming to lift water over 100 to 200 meters. However, during the experiments, it could lift water to about 55m only.
A new design of Composite Hydraulic pump is being planned, which can lift water to over 200m. Although the installation coast is bit high, at Rs. 6.5 t0 7 Cr, as the unit does not burn any fossil fuels, hence profitability is very high. ROI will be within 3-4 years.
It is estimated that. for a 100 MWh Bhagirata plant, the overall running cost including the Intrest and dividends will be around 400 crores per year. While the incocme from sale of power at Rs 3/-kWh will be Rs. 2100 crores,(for at 80% production,the unit will be generation 700 crore kWh and at Rs 3/-- income will be Rs.2100 Cr). So the profit will be Rs 1,700 cr per year.
We are looking for partners with an national/international presence to fabricate a fully functional Protype, which would help us to fine-tune the system and attract World Wide attention and spread it across the world enabling a Sustainable pollution free growth.