Gamesa India signs 50 MW wind turbine order with ReNew Power

GAMESA

Gamesa India announced that ReNew Power, a renewable energy provider in India, has placed a 50 MW turnkey wind project order to Gamesa.

The order entails the supply of 25 units of G114–2.0MW T106 turbine for the 50 MW project at Bijapur District in the state of Karnataka. This project is scheduled for commissioning in March 2017.

Sumant Sinha, Chairman and CEO, ReNew Power, said, “Within a short span, we have built a robust Wind portfolio across the country and our partnerships with trusted OEM’s like Gamesa have been instrumental in the execution of our clean energy projects. “

According to Ramesh Kymal, chairman and managing director, Gamesa India, India has entered a new era of renewable energy growth that has the potential to meet the rising demand for power in the country.

“These partnerships certainly prove the country’s growing renewable energy interest and will accelerate growth of renewable energy industry,” Kymal added. This deal with ReNew Power solidifies our enduring partnership and is an acknowledgement of our quality service and testament to our expertise.”

ReNew Power has more than 3,000 MW of commissioned and under-construction clean energy capacity across nine states in India. In March 2016, ReNew Power became the first company to cross 1,000 MW of commissioned capacity in wind and solar energy in India

In recent years, India has emerged as one of the most promising wind power markets: new capacity is expected to increase to more than 30,000 MW from 2016 to 2025, driven by huge demand for electricity, according to sector consultancy MAKE’S estimates.

The new orders obtained by Gamesa in India reinforce its solid commercial positioning: according to MAKE, the company ended 2015 (CY) as the leading OEM in the country with a market share of 34 percent, compared to 25 percent in 2014 (CY), when it also was the market leader.

Gamesa’s presence in India – as technology provider and wind farm developer – dates back to 2009. To date, Gamesa has installed over 3,000 MW and services close to 2,800 MW, under O&M agreements, the company said.

Rajani Baburajan

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