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Gamesa signs agreement to supply wind turbines in Sri Lanka

Gamesa Wind Turbines Pvt. Ltd., the Indian subsidiary of Gamesa, a global leader in wind turbine manufacturing and in wind farm development, last month signed  an order with Caparo Energy India Limited (CEIL), India’s fastest growing independent power producer for the supply, erection and commissioning of 2,000 MW of turbine capacity for wind power projects to be set up in India.

The deal was one the largest of its kind in India and one of the largest in the world.

In April this year, IFC, a member of the World Bank Group, announced that it was providing an €11 million loan to India’s Gamesa Wind Turbines Pvt. Ltd to help build a wind-turbine assembly facility that will help diversify India’s energy mix and reduce its greenhouse-gas footprint while addressing energy needs.

IFC’s loan will support Gamesa’s plans to scale up its assembly capacity in India over the next two years. 

According to reports, Gamesa’s Indian subsidiary Gamesa Wind Turbines Pvt Ltd has signed a new agreement to supply wind turbines to a wind farm project in Sri Lanka.

The company, which is a leader in design, manufacture, installation and maintenance of wind turbines, will supply the wind turbines for the project of Pawan Danavi Private Limited, a subsidiary of LTL Holding, one of the largest utility companies in the country.

 This new wind farm project, with 10.2 MW installed capacity, will have 12 Gamesa’s G58-850 kW Class III turbines.The turbines are expected to be delivered by Q3 2011, a company statement said here.

“I strongly believe that wind power is one of the viable and sustainable options to meet the growing energy demands.For us this partnership with Pawan Danavi aims at facilitating Sri Lanka’s wind market growth in a significant way. Gamesa is glad to bring-in to Sri Lanka our vast experience in the wind energy sector and thus playing a major role in facilitating the country’s wind market growth,” said Ramesh Kymal, Chairman & Managing Director of Gamesa in India.

“Sri Lanka has huge potential for generating power from wind energy. We are committed to becoming a major player in the power generation space in the country and it is important for us that our partner matches our ambition with capability and expertise,” Pawan Danavi Chairman & CEO, U D Jayawardena said.

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