SAIP Joins Hands with North Delhi Power Limited to Build a Leading Edge, Clean Waste-to-Bio-Power Facility in New Delhi

NEW DELHI, Sep 20, 2010 (BUSINESS WIRE) -- Solena-ABSi India Private Limited (SAIP), www.saip-energy.com, announced that it has executed a Memorandum of Understanding (MOU) with North Delhi Power Limited (NDPL), www.ndpl.com, to produce up to 40 MW of clean renewable energy, using SAIP's patented plasma gasification bio-energy solution, into NDPL's distribution network of North and Northwest Delhi.

The new, organic waste to energy, bio-power plant that SAIP is developing will utilize SAIP's next generation plasma gasification technology and process to convert biomass from municipal, agricultural and other organic wastes into a clean renewable bio-synthetic gas--without incineration or combustion. This bio-syngas, a replacement for natural gas, will be piped or partially transported to NDPL's upcoming 108 MW electric generation plant at Rithala enabling NDPL to deliver clean, baseload power and propel New Delhi as a model in the drive towards a greener India.

SAIP estimates the thermal power output of its organic waste to energy plant will be approximately 40 MW gross. The resulting green energy from this bio-syngas will be produced with zero net carbon emissions, no SVOCs or SOx, tar, fly ash, flue gas and virtually no pollutants as compared to the legacy sources of fuel that have historically driven traditional power plants.

"We are excited with this development and our partnership with NDPL. This represents a milestone not only for Delhi but also for India as it pursues greater energy production from clean, renewable sources to sustain its rapid economic growth," said SAIP CEO Rajeev Sharma. "This agreement validates our steadfast efforts to bring clean and efficient power to Indian cities and villages with our leading edge plasma gasification based solutions."

"Renewable power is one of the most suitable and feasible sources of power from the perspective of environment and security of source. We are happy to have joined hands with SAIP to bring green energy to our upcoming power plant, which will help reduce carbon emissions. The use of bio-fuel, in addition to our extensive focus on solar power, reiterates our commitment to introduce environment friendly and green technology in our distribution area for conservation of environment and combating climate change," said Sunil Wadhwa, Managing Director, NDPL.

About SAIP: Solena-ABSi India Private Limited (SAIP) is a joint venture of two United States based companies--Solena Group, Inc. and ABSi Corporation. SAIP was formed in 2008 to bring clean energy to the communities of India using a proven, patented technology that utilizes plasma gasification systems to release energy from organic waste materials. Feedstock used to power SAIP's renewable green plants includes municipal solid waste, agricultural wastes and materials such as used tires, plastics and other organic materials. SAIP's mission is to harness the energy contained in these domestic sources of biomass and other organic wastes to produce renewable power and bio-fuels in a clean, responsible and renewable manner that promotes energy independence, sustainability, security and advances India's energy and economic goals.

The company expects to soon conclude other MOUs, enabling many Indian cities and remote Indian villages to receive clean energy and create jobs from SAIP plants.

About NDPL: North Delhi Power Limited (NDPL) is a joint venture between Tata Power Company and the Government of NCT of Delhi with the majority stake being held by Tata Power. NDPL distributes electricity in the North and Northwest parts of Delhi and serves a populace of 50 lakh. With a registered consumer base of around 10 lakh and a peak load of around 1250 MW, the company's operations span across an area of 510 sq kms. NDPL has been the frontrunner in implementing power distribution reforms in the capital city and is acknowledged for its consumer friendly practices. Since privatisation, the Aggregate Technical & Commercial (AT&C) losses in NDPL areas have shown a record decline. Today they stand at 14.47% (as on March 31, 2010), which is an unprecedented reduction of around 74% from an opening loss level of 53% in July 2002.

NDPL is also sensitive to the aspects of climate change and is committed to introduce energy efficient and greener technologies. NDPL recently joined hands with Tata BP Solar to provide an opportunity to its consumers to set up roof top grid connected solar plants for meeting their energy requirements. NDPL is also setting up several solar plants in its distribution network ranging from 25 KW - 1MW, which are expected to be operational by the end of 2010.

SOURCE: Solena-ABSi India Private Limited (SAIP)

www.saip-energy.com