MSPL Limited
Encyclopedia
MSPL Limited, the flagship company of Baldota Group was founded in 1961. Today, it is one of the India’s leading iron ore mining
companies and holds the distinction of being the country’s largest producer of wind power
.
MSPL's sales during the year ended on March 31, 2007 amounted to 4.88 million metric tons of iron ore products comprising 2.36 million metric tons of high grade fines, 1.10 million metric tons of medium grade fines, 0.97 million metric tons of high grade calibrated lump ore and 0.44 million metric tons of medium grade calibrated lump ore.
MSPL also owns and operates wind farms with a current installed capacity of 111.6 MW. MSPL's wind farms are situated in Harpanahalli, with a capacity of 46.25 MW, Chitradurga, with a capacity of 38.35 MW, Harihar with a capacity of 6 MW in the State of Karnataka
, Satara, with a capacity of 1 MW and Dhule with a capacity of 20 MW in the State of Maharashtra
and with a capacity of 30 MW at Surajbari in the State of Gujarat.
Under his aegis, the Baldota Group transformed from a fledgling mining company to a full-fledged conglomerate with diversified such as iron ore, wind power
, gases, steel
, chemicals and diamond
& gold
mining
.
, processing and exporting company over four decades old. According to the Federation of Indian Mineral Industries, MSPL was the first private company in India to receive a license for export of high grade Iron Ore (having a Fe content of 64% or more).
MSPL is the flagship company of the Baldota Group of Companies, which are privately owned principally by the Baldota family.
MSPL is an ISO 9001:2000, ISO 14001:1996 and OHSAS 18001:1999 certified company. According to Bureau Veritas, MSPL Limited is the first unit certified in the mining sector in India for upgrades to ISO 9001:2000 and ISO 14001:2004 status. MSPL Limited holds the status of being a three star export house.
sector with combined installed capacity for the group being 191.6 MW as on June 2007. According to the Directory of Indian Wind Power
2007, published by Consolidated Energy Consultants Limited
From installing a 1.5 MW wind mill at Satara, Maharashtra
in 2001, MSPL has added more capacity in the states of Karnataka
, Maharashtra
and Gujarat.
MSPL had the largest installed wind power
generation capacity in India, as on 31 March, 2007.
During 2006-2007, MSPL added another 30 MWs and plans to double their capacity to 400 MW by 2010. The objective behind the investment in wind energy is to contribute towards combatting the climate change crisis.
MSPL has wind farms at Satara and Dhule in Maharashtra
, Chitradurga, Harpanahalli and Kundur (near Harihar) in Karnataka
and Surajbari in Gujarat. As of 31 March 2007, MSPL’s total investment in the wind energy
sector has touched INR 6061.41 Million (whereas the overall investment for the Baldota Group is 9242.25 Million).
(CDM) projects.
The CDM-1, a 125 MW Wind Power Project of Baldota Group in Karnataka, where MSPL has a lion's share of 78.90 MW, was registered as a CDM Project by UNFCCC, on 29 September 2006.
When registered, it was the largest wind power project in the world registered by UNFCCC for CDM activity.
This registration by UNFCCC would enable the Company to generate a maximum of 2.5 Million Certified Emission Reductions (CERs) under the CDM. This CDM project activity would replace conventional energy equivalent to 356.83 Million units and thereby reduce emission of greenhouse gases (GHG) to the tune of 25,32,400 tonnes of carbon dioxide over a ten year project crediting period.
MSPL has four other CDM projects at various stages of registration with UNFCCC.
The project activity would contribute to “Sustainable Development of India”
in the following ways:
Mining
Mining is the extraction of valuable minerals or other geological materials from the earth, from an ore body, vein or seam. The term also includes the removal of soil. Materials recovered by mining include base metals, precious metals, iron, uranium, coal, diamonds, limestone, oil shale, rock...
companies and holds the distinction of being the country’s largest producer of wind power
Wind power
Wind power is the conversion of wind energy into a useful form of energy, such as using wind turbines to make electricity, windmills for mechanical power, windpumps for water pumping or drainage, or sails to propel ships....
.
MSPL's sales during the year ended on March 31, 2007 amounted to 4.88 million metric tons of iron ore products comprising 2.36 million metric tons of high grade fines, 1.10 million metric tons of medium grade fines, 0.97 million metric tons of high grade calibrated lump ore and 0.44 million metric tons of medium grade calibrated lump ore.
MSPL also owns and operates wind farms with a current installed capacity of 111.6 MW. MSPL's wind farms are situated in Harpanahalli, with a capacity of 46.25 MW, Chitradurga, with a capacity of 38.35 MW, Harihar with a capacity of 6 MW in the State of Karnataka
Karnataka
Karnataka , the land of the Kannadigas, is a state in South West India. It was created on 1 November 1956, with the passing of the States Reorganisation Act and this day is annually celebrated as Karnataka Rajyotsava...
, Satara, with a capacity of 1 MW and Dhule with a capacity of 20 MW in the State of Maharashtra
Maharashtra
Maharashtra is a state located in India. It is the second most populous after Uttar Pradesh and third largest state by area in India...
and with a capacity of 30 MW at Surajbari in the State of Gujarat.
History
MSPL was originally founded by the late Mr. Abheraj H. Baldota in 1961. Prior to incorporating MSPL, Mr. Abheraj Baldota was a trader in non-ferrous metals. He was the President of the Bombay Metal Exchange in the year 1960.Under his aegis, the Baldota Group transformed from a fledgling mining company to a full-fledged conglomerate with diversified such as iron ore, wind power
Wind power
Wind power is the conversion of wind energy into a useful form of energy, such as using wind turbines to make electricity, windmills for mechanical power, windpumps for water pumping or drainage, or sails to propel ships....
, gases, steel
Steel
Steel is an alloy that consists mostly of iron and has a carbon content between 0.2% and 2.1% by weight, depending on the grade. Carbon is the most common alloying material for iron, but various other alloying elements are used, such as manganese, chromium, vanadium, and tungsten...
, chemicals and diamond
Diamond
In mineralogy, diamond is an allotrope of carbon, where the carbon atoms are arranged in a variation of the face-centered cubic crystal structure called a diamond lattice. Diamond is less stable than graphite, but the conversion rate from diamond to graphite is negligible at ambient conditions...
& gold
Gold
Gold is a chemical element with the symbol Au and an atomic number of 79. Gold is a dense, soft, shiny, malleable and ductile metal. Pure gold has a bright yellow color and luster traditionally considered attractive, which it maintains without oxidizing in air or water. Chemically, gold is a...
mining
Mining
Mining is the extraction of valuable minerals or other geological materials from the earth, from an ore body, vein or seam. The term also includes the removal of soil. Materials recovered by mining include base metals, precious metals, iron, uranium, coal, diamonds, limestone, oil shale, rock...
.
Iron Ore
MSPL is an iron ore miningMining
Mining is the extraction of valuable minerals or other geological materials from the earth, from an ore body, vein or seam. The term also includes the removal of soil. Materials recovered by mining include base metals, precious metals, iron, uranium, coal, diamonds, limestone, oil shale, rock...
, processing and exporting company over four decades old. According to the Federation of Indian Mineral Industries, MSPL was the first private company in India to receive a license for export of high grade Iron Ore (having a Fe content of 64% or more).
MSPL is the flagship company of the Baldota Group of Companies, which are privately owned principally by the Baldota family.
MSPL is an ISO 9001:2000, ISO 14001:1996 and OHSAS 18001:1999 certified company. According to Bureau Veritas, MSPL Limited is the first unit certified in the mining sector in India for upgrades to ISO 9001:2000 and ISO 14001:2004 status. MSPL Limited holds the status of being a three star export house.
Wind Energy
MSPL is ranked No. 1 in the wind energyWind energy
Wind energy is the kinetic energy of air in motion; see also wind power.Total wind energy flowing through an imaginary area A during the time t is:E = ½ m v2 = ½ v 2...
sector with combined installed capacity for the group being 191.6 MW as on June 2007. According to the Directory of Indian Wind Power
Wind power
Wind power is the conversion of wind energy into a useful form of energy, such as using wind turbines to make electricity, windmills for mechanical power, windpumps for water pumping or drainage, or sails to propel ships....
2007, published by Consolidated Energy Consultants Limited
From installing a 1.5 MW wind mill at Satara, Maharashtra
Maharashtra
Maharashtra is a state located in India. It is the second most populous after Uttar Pradesh and third largest state by area in India...
in 2001, MSPL has added more capacity in the states of Karnataka
Karnataka
Karnataka , the land of the Kannadigas, is a state in South West India. It was created on 1 November 1956, with the passing of the States Reorganisation Act and this day is annually celebrated as Karnataka Rajyotsava...
, Maharashtra
Maharashtra
Maharashtra is a state located in India. It is the second most populous after Uttar Pradesh and third largest state by area in India...
and Gujarat.
MSPL had the largest installed wind power
Wind power
Wind power is the conversion of wind energy into a useful form of energy, such as using wind turbines to make electricity, windmills for mechanical power, windpumps for water pumping or drainage, or sails to propel ships....
generation capacity in India, as on 31 March, 2007.
During 2006-2007, MSPL added another 30 MWs and plans to double their capacity to 400 MW by 2010. The objective behind the investment in wind energy is to contribute towards combatting the climate change crisis.
MSPL has wind farms at Satara and Dhule in Maharashtra
Maharashtra
Maharashtra is a state located in India. It is the second most populous after Uttar Pradesh and third largest state by area in India...
, Chitradurga, Harpanahalli and Kundur (near Harihar) in Karnataka
Karnataka
Karnataka , the land of the Kannadigas, is a state in South West India. It was created on 1 November 1956, with the passing of the States Reorganisation Act and this day is annually celebrated as Karnataka Rajyotsava...
and Surajbari in Gujarat. As of 31 March 2007, MSPL’s total investment in the wind energy
Wind energy
Wind energy is the kinetic energy of air in motion; see also wind power.Total wind energy flowing through an imaginary area A during the time t is:E = ½ m v2 = ½ v 2...
sector has touched INR 6061.41 Million (whereas the overall investment for the Baldota Group is 9242.25 Million).
Events & Awards
MSPL has been recognized with various national awards:- For 2006-07, MSPL was awarded the CFBP-Jamnalal Bajaj Uchit Vyavahar Puraskar in the Large Manufacturer category – recognizing its commitment to fair business practices, equitable development, community service and exemplary corporate citizenship.
- MSPL was awarded the First Prize for Independent Power Producer under Wind Programme (2002-07) by the Ministry of New and Renewable Energy.
- MSPL received CAPEXIL's Top Export Award, 2006-2007. MSPL was also granted CAPEXIL special export awards for outstanding contributions to Indian Iron Ore exports in each of the last six years.
- In 2005, the Group received the KREDL award for the highest investment and production in wind powerWind powerWind power is the conversion of wind energy into a useful form of energy, such as using wind turbines to make electricity, windmills for mechanical power, windpumps for water pumping or drainage, or sails to propel ships....
. - For planting over 1.6 Million trees, MSPL has been awarded Indira Priyadarshni Vriuksha Mitra Award in 2004.
Combatting climate change through CDM
MSPL has established an operational and management structure for running the Clean Development MechanismClean Development Mechanism
The Clean Development Mechanism is one of the "flexibility" mechanisms defined in the Kyoto Protocol . It is defined in Article 12 of the Protocol, and is intended to meet two objectives: to assist parties not included in Annex I in achieving sustainable development and in contributing to the...
(CDM) projects.
The CDM-1, a 125 MW Wind Power Project of Baldota Group in Karnataka, where MSPL has a lion's share of 78.90 MW, was registered as a CDM Project by UNFCCC, on 29 September 2006.
When registered, it was the largest wind power project in the world registered by UNFCCC for CDM activity.
This registration by UNFCCC would enable the Company to generate a maximum of 2.5 Million Certified Emission Reductions (CERs) under the CDM. This CDM project activity would replace conventional energy equivalent to 356.83 Million units and thereby reduce emission of greenhouse gases (GHG) to the tune of 25,32,400 tonnes of carbon dioxide over a ten year project crediting period.
MSPL has four other CDM projects at various stages of registration with UNFCCC.
- 20 MW at Dhule, MaharashtraMaharashtraMaharashtra is a state located in India. It is the second most populous after Uttar Pradesh and third largest state by area in India...
. - 6.6 MW at Harihar, KarnatakaKarnatakaKarnataka , the land of the Kannadigas, is a state in South West India. It was created on 1 November 1956, with the passing of the States Reorganisation Act and this day is annually celebrated as Karnataka Rajyotsava...
. - 8.35 MW in Karnataka
- 30 MW in Surajbari, Gujarat
The project activity would contribute to “Sustainable Development of India”
in the following ways:
- Utilising the wind energyWind energyWind energy is the kinetic energy of air in motion; see also wind power.Total wind energy flowing through an imaginary area A during the time t is:E = ½ m v2 = ½ v 2...
potential in the region of the state of KarnatakaKarnatakaKarnataka , the land of the Kannadigas, is a state in South West India. It was created on 1 November 1956, with the passing of the States Reorganisation Act and this day is annually celebrated as Karnataka Rajyotsava...
for generation of 125 MW gross power. - As the project activity has been undertaken in the barren-land it does not require displacement of any local population. Thus the project will not cause any adverse social impacts on local populationPopulationA population is all the organisms that both belong to the same group or species and live in the same geographical area. The area that is used to define a sexual population is such that inter-breeding is possible between any pair within the area and more probable than cross-breeding with individuals...
. Rather, it will help in ameliorating their quality of life. - Conservation of non renewable natural resources like coalCoalCoal is a combustible black or brownish-black sedimentary rock usually occurring in rock strata in layers or veins called coal beds or coal seams. The harder forms, such as anthracite coal, can be regarded as metamorphic rock because of later exposure to elevated temperature and pressure...
, gasGasGas is one of the three classical states of matter . Near absolute zero, a substance exists as a solid. As heat is added to this substance it melts into a liquid at its melting point , boils into a gas at its boiling point, and if heated high enough would enter a plasma state in which the electrons...
, oilOilAn oil is any substance that is liquid at ambient temperatures and does not mix with water but may mix with other oils and organic solvents. This general definition includes vegetable oils, volatile essential oils, petrochemical oils, and synthetic oils....
. Making coal available for other important applications. - Reducing GHGGHGGHG can be an abbreviation for:* Greenhouse gas* George H. Goble, inventor of multi-CPU Unix systems, refrigerants, and winner of the 1996 Ig Nobel Prize in Chemistry.* Marshfield Municipal Airport in Marshfield, Massachusetts....
Emissions to the atmosphere (CO2Carbon dioxideCarbon dioxide is a naturally occurring chemical compound composed of two oxygen atoms covalently bonded to a single carbon atom...
) - Contributing to a small increase in the local employment in the area of skilled jobs for operation and maintenance of wind electric generators and its accessories.
External links
- MSPL Limited
- http://economictimes.indiatimes.com/Chidamabaram_asks_industry_to_help_inclusive_growth/articleshow/3047073.cms
- http://economictimes.indiatimes.com/articleshow/2562618.cms
- http://economictimes.indiatimes.com/MSPL_to_invest_over_Rs_18K_cr_for_capacity_expansion/articleshow/2190870.cms
- http://economictimes.indiatimes.com/articleshowarchive.cms?msid=2230089
- http://www.businessworld.in/content/view/4672/4779/