About UsVelcan Energy is an Independent Clean Power Producer which specialises in renewable electricity generation in emerging markets from hydroelectric power and biomass combustion.
Velcan Energy’s headquarters are located in Paris and the company is quoted on NYSE Euronext. The Company’s focus of operations are in India and Brazil where liberalization of the national electricity markets and unprecedented demand from two of the world’s most dynamic economies has created exciting opportunities for investment in renewable electricity.
The projects developped by Velcan Energy in these two countries strengthen the renewable energy offer and minimize the use of fossil fuels. Therefore, they can be allocated carbon credits. These CERs (Certified Emission Reductions) can be sold to industrialists that have to comply with emission quotas of greenhouse gases. |
Happenings / News / Press CoverageNews 20/12/2010 VELCAN ENERGY: SUCCESSFUL SALE OF SATYAMAHARSHI POWER PLANT 28/09/2010 SIGNING OF FIRST HYDRO POWER PRE CONCESSION IN LAOS 12/05/2010 VELCAN ENERGY: ANNUAL RESULTS 2009 27/04/2010 VELCAN ENERGY: SIGNIFICANT INCREASE IN INDIAN HYDRO PORTFOLIO / DELAY IN CONSTRUCTION 12/03/2010 VELCAN ENERGY: SALE OF RITHWIK POWER PLANT 25/01/2010 Velcan Energy: Agreement to develop 300MW in Laos 06/01/2010 Kairos Partners owns 10.29% of the issued equity of Velcan Energy 10/11/2009 Start of production Rodeio Bonito Hydro Power plant 07/08/2009 Turbine breakdown in Satya Maharshi plant – shutdown of operation 11/06/2009 Abandonment of Rio Claro Hydroelectric projects in Brazil 03/06/2009 New Change in regulatory regime in Brazil 19/05/2009 Major change in concessions award rules in Brazil: preference given to national players, Velcan Energy forced to reassess development plan. 12/05/2009 Annual Results 2008 10/09/2008 Velcan Energy signs a co-development agreement of 90 MW with the Electricity Company of the State of Goias 08/09/2008 Portfolio Update: Velcan Energy confirms hydro power priority and cancels 4 small biomass projects in Indiant team 17/06/2008 Senior Suez hydro executive joins management team 07/05/2008 Annual results 2007 : Successful implementation of hydro electric strategy, strong cash position and limited financial loss
Team / ManpowerManagement team Jean-Luc RIVOIRE (Co-Managing Director Velcan Energy SA), São Paulo Master of Engineering of Ecole Supérieure d’Electricité (SUPELEC), Schlumberger, PricewaterhouseCoopers, co-founder in 1998 of the investment company Financière Saint Merri. French Foreign Trade Advisor. Antoine DECITRE (Co-Managing Director Velcan Energy SA), Paris Master of Engineering of Ecole nationale Polytechnique, PricewaterhouseCoopers, co-founder of Financière Saint Merri. Michel DIETSCHY (Board Member, Technical Director of Velcan Energy SA), Paris Master of Engineering, former MD of Babcock Entreprise. Has overseen the design and commissioning of more than 30 solid fuel power plants totaling several thousands installed MW (bagass, rice husk, wood, coal...). Bernard TARDIEU (Senior Hydro Advisor, Member of the Executive Comittee) Master of engineering of Ecole Centrale de Paris. Member of the Académie des Technologies (in charge of renewable energies in the energy and climate change group), Vice-President of the International Commission on Large Dams and President of the Medef International for Central America. South Former CEO of Coyne et Bellier, member of the Suez Group, one of the world leading engineering firms in large infrastructure. International expert in dams and hydropower, he helps Velcan in the selection and evaluation of news sites, the contractual framework with suppliers and during the construction of the developed projects. Over the last 30 years, Bernard has participated to the building of about 50 dams and 7000 MW in sixty countries. Benoit LABORIE (Member of the Executive Comittee , Director of Velcan Energy Dubai , Head of group legal affairs), Dubai Master degree in business law, Lawyer degree. Former registered lawyer with the Paris Bar. Has accompanied the Company’s IPO with regards to legal and administrative aspects. Also responsible for the corporate governance issues of Velcan Energy and its subsidiaries in France and India, and in charge of the regulatory aspects related to the group activities in the power sector in India. Henri Philippe VAN KEER (Member of the Executive Comittee , Vice-President Velcan Energy Brasil), São Paulo Velcan Energy has identified the huge energy requirement of countries such as India and Brazil for electricity production. Velcan believes it will be able to develop and grow its portfolio of medium scale, renewable energy plants to help supply this deficit through a combination of: - A highly entrepreneurial strategic management team
- Superior local technical knowledge and talent
- Innovative use of finance (including equity, project finance, ‘sukuk’ & Islamic finance) in order to assure stable and regular revenues to Velcan's stockholders once the plants are built. Velcan will not use financing models that could jeopardize the holding company's funds.
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 | Fact Sheet | | | Year of Establishment | : | 2005 | | Nature of Business | : | Service Provider | | Number of Employees | : | 51 to 100 People | | Turnover | : | US$ 0.25-1 Million (or Rs. 1-4 Crore Approx.) | | Major Markets | : | Indian Subcontinent, East Asia, Middle East and South East Asia |
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Contact Details | Company Name:
 | Velcan Energy Private Limited | | Contact Person: | Mr. Sudha Padmanabha | | Telephone: | +(91)-(80)-40261600
| | Mobile / Cell Phone: | +(91)-9980199225 | | Fax No: | +(91)-(80)-23624933 | | Address: | 130, Infantry Road Prestige Infantry Court, Unit No.M01, Mezzanine Floor, Bengaluru, Karnataka - 560001 (India) |
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