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IMP Powers Ltd (IMP) has announced that it has entered into an exclusive marketing and sales agreement with Smart Hydro Power GmbH Ltd (SHP), Germany, to strengthen solutions for renewable energy sources in India. As per the exclusive marketing and sales agreement, IMP Powers Ltd will exclusively market 5 kW kinetic energy turbines initially in India. This arrangement will then be extended for marketing in other select countries also. This smart solution positioned as ‘India’s first Kinetic Energy Turbine’ is aimed at saving energy. The Ministry of New & Renewable Energy (MNRE) encourages and supports the use of kinetic turbine technology as an important source of renewable energy in India.
This path-breaking technology of SHP focuses on the application of the Free Stream Turbine in India along with its worldwide presence. Free Stream Turbines, also known as zero head or in-stream turbines, are powered by kinetic energy instead of the conventional hydropower project, which uses potential energy. They can be installed in canals, tailraces of conventional hydropower plants, rivers and free-flowing streams. This is a breakthrough technology as it does not require construction of dams and head differentials are not necessary for the operation of hydro power plant. This technology is proven to be the best alternative for decentralised electrification along the rivers.
“When power is produced and distributed at base load, the technical losses are lower by around 8-10%. When this is extrapolated and measured after putting 100s of such turbines, the energy saving would be substantial, thus contributing in the reduction of technical losses,” stated Dr Karl Kolmsee, MD/CEO, Smart Hydro Power GmbH Ltd.
“This cutting-edge technology coupled with low infrastructure cost makes this product a cost-effective solution for India’s growing energy needs. Next year onwards, we will manufacture this product in India to step up our ‘Make in India’ drive. We are committed towards nation building using sustainable and renewable energy sources. IMP will also have exclusive marketing and selling rights for the break-through technology products – Free Stream Turbines in Bhutan, Nepal, Myanmar and East African regions from next year,” said Aaditya Dhoot, MD, IMP Powers Ltd.
IMP is a 55-year old listed transformer manufacturing company and a market leader of up to 400kV class transformers. SHP is a German engineering company having won several awards for its smart products, focuses on providing decentralized energy solutions.
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INDUSTRIAL PRODUCTS FINDER (IPF) is India’s only industrial product portal. Referred to as the ‘Bible’ of the manufacturing sector in India,
INDUSTRIAL PRODUCTS FINDER (IPF) is India’s only industrial product portal. Referred to as the ‘Bible’ of the manufacturing sector in India,
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