Vestas has won a 101 MW order from ReNew Power, a leading renewable energy independent power producer (IPP) in India.
The order is an extension of ReNew’s existing project in Kutch, Gujarat, where Vestas had previously supplied turbines totalling to 250 MW. Vestas has also supplied turbines of 100 MW to another one of ReNew’s projects in Taralkatti, Karnataka.
The contract includes supply and supervision of 46 V120-2.2 MW turbines as well as a 10-year Active Output Management (AOM) 5000 service agreement, designed to maximise energy production for the project. With a yield-based availability guarantee, Vestas will provide ReNew Power with (long-term) business case certainty.
Balram Mehta, COO, ReNew Power, said: “Vestas is one of the most reliable players in the wind OEM space, we hope that yield-based availability guarantee will ensure greater efficiency in operating the wind turbines and ensure that any downtime is reduced to a minimum.”
“ReNew has always preferred reliable and financially strong partners, which is reflected in their successful record of accomplishing the largest fleet of operating wind turbines in India,” says Vickram Jadhav, Vice President of Sales for Vestas India.
Vestas India said deliveries are expected to begin in the last quarter of 2021, while commissioning is planned to take place between December 2021 and first quarter of 2022.