Home » Wind » RRB Energy Limited pursues expansion plan-to manufacture 1.8MW turbine-targets turnover of Rs. 35 billion in FY11-12

RRB Energy Limited pursues expansion plan-to manufacture 1.8MW turbine-targets turnover of Rs. 35 billion in FY11-12

 As readers of Panchabuta are aware, India had 11,800 MW of wind power installed at the end of March 2010 according to the Indian Wind Energy Association, making it the world’s fifth largest wind power market.

The  installation  in India being range bound  between 1470-1750MW  a year over the last five years and the installed capacity for 2009-10 was around 1565MW. This year the expected capacity is close to around 2200MW according to officials.

According to research by RNCOS, favorable climate conditions and regulatory support paved the way for investors and companies to establish large number of wind power plants, which propelled capacity additions and uplifted wind power outlook in the overall renewable energy market. Considering the current industry trends and futuristic developments, the report further revealed that cumulative installed capacities will advance at a CAGR of 14% during FY 2011-FY 2014.

It is based on these bullish demand projections that a number of manufacturers have announced ambitious expansion plans.

RRB Energy Limited (RRBEL) is presently pursuing an expansion plan, which would enable it to deliver a diversified range of WEGs. The Company is soon going to commence manufacture of WEGs of 1.8MW capacity and is also presently evaluating the possibility of development of further higher capacity WEGs, Mr. Sarvesh Kumar, Deputy Managing Director, RRBEL, said.

Mr. Kumar further added, “RRBEL is one of the leading manufacturers of WEGs in India. The Company is also in the process of expanding its range of blades required for WEGs with the inclusion of the 13M length blade for the 225 KW WEG, in its existing portfolio. The Company currently manufactures the 23M length blade for the 600 KW WEG being produced by it. The Company also recently launched an indigenously developed 40M length prototype blade for its 1.8 MW WEG which is to be commercially produced in the near future.

The Company’s second phase of expansion at its existing manufacturing site at Poonamallee, Chennai is in an advanced stage of completion. This expansion involves an investment outlay of around Rs. 100 crore, which is likely to be completed by the end of the current financial year. The completion of this phase of expansion would enable the Company to achieve an overall production capacity of 700 MW during the financial year 2011-12. During the financial year 2011-12, the Company is eyeing a turnover of Rs. 3500 crores.

Mr. Kumar also stated that “while there are a lot of opportunities for sale of WEGs in the international market, the company’s main focus would still continue to be on the domestic market as the same is quite unsaturated. The untapped potential in the domestic market is estimated to be around 40,000 MW. The Company expects 20 per cent of its turnover to come from exports in the financial year 2011-12. This would amount to a three-fold jump in exports from the present level which is around 5 per cent of the current turnover.”

Mr. S. Venkatachalam, Chief Operating Officer, RRBEL, said, “RRBEL has established more than 2000 WEGs at numerous locations spread across various States of India including Tamil Nadu, Kerala, Karnataka, Maharashtra, Madhya Pradesh, Gujarat and Rajasthan. The Company’s clientele is spread across a broad spectrum of manufacturing and service industries. It is backed by prompt and efficient after sales service which is provided through a highly skilled, well trained and dedicated service team”.

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