A couple of months ago General Electric (GE) had mentioned that it was mulling local manufacturing of wind turbine components that could substantially reduce the cost of equipment for wind energy customers, bring in advanced technology to India as well as create jobs.
According to reports, GE this week announced that it has opened its wind turbine plant in Pune, Mahrashtra, India.
Here is the excerpts of interview of GE Energy president and CEO Kishore Jayaraman with ET’s Sobia Khan.
You recently opened wind turbine manufacturing facility in Pune. Could you share the details?
The company’s 1.5 XLE model wind turbine, most suited for the low-wind environment here, can produce 300 units a year now and can be doubled in line with the growth in demand . We have matured in the last five years; wind turbine business has evolved. There were supply chain constraints in the US and Europe, so we did not participate in this segment . GE Energy got it sales in place in 2009, worked with customers who want to be in this game long-term and were looking to work with a technology company.
What is the localisation plan?
Localisation is driven by the need of the market. For instance , the localisation in wind turbine is at 75-80 %, but we plan to localise it completely. GE Energy is open to joint venture in India for three of its main products, which include steam, solar and the Jenbacher turbines, with local suppliers but it has to be an extension of GE’s technology. The company currently has two joint ventures – GE Triveni with Triveni Engineering and Industries for sub-100 mw requirement for steam turbines and BHEL-GE Gas Turbine Services (BGGTS) with BHEL in the gas turbines space.