Glitnir Brings Geothermal Energy to India - India Renewable Energy Consulting – Solar, Biomass, Wind, Cleantech
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Investment bank Glitnir is joining forces with Indian energy company The LNJ Bhilwara Group. The two have signed an agreement to develop and build geothermal energy power stations in India and Nepal.

Source: Cleantech

One another interesting point I came across in this article – “a typical geothermal plant costs about $3 million to $5 million per megawatt, and with plans for 30 to 50 megawatt facilities, he said the bank expects the pricetag to be around $250 million for an initial plant.”

About Narasimhan Santhanam (Narsi)

Narsi, a Director at EAI, Co-founded one of India's first climate tech consulting firm in 2008.

Since then, he has assisted over 250 Indian and International firms, across many climate tech domain Solar, Bio-energy, Green hydrogen, E-Mobility, Green Chemicals.

Narsi works closely with senior and top management corporates and helps then devise strategy and go-to-market plans to benefit from the fast growing Indian Climate tech market.

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