Gamesa Wind Turbines Pvt. Ltd., the Indian subsidiary of Gamesa, a global leader in wind turbine manufacturing and in wind farm development, in May this year 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.
Gamesa’s Indian subsidiary Gamesa Wind Turbines Pvt Ltd had signed a new agreement to supply wind turbines to a wind farm project in Sri Lanka last month.
According to reports, Gamesa Wind Turbine Pvt Ltd, the Indian arm of the Spain-based wind turbine manufacturer Gamesa, yesterday announced its foray into Gujarat.
In 2011, the company had planned an installation capacity of 25 MW in Gujarat, of which 16 MW has already been installed and commissioned, Gamesa Wind Turbines Chairman and Managing Director Ramesh Kymal said in a release here.
The firm is also tapping Madhya Pradesh, Maharashtra, Andhra Pradesh and Karnataka as a wind farm developer, he said.
This year, 5.1 MW has been commissioned in Andhra Pradesh, while about 20 MW would be installed by the end of 2011 in Madhya Pradesh. In addition, the company is scheduled to install 20 MW in Jath, Maharashtra and 25 MW in sites at Shirgaon and Chikodi, Karnataka, Kymal said.
“Wind energy is a vastly underutilised renewable resource with tremendous potential in India,” he said.
“We strongly believe that wind energy would be the most sustainable option that could meet the growing energy requirement not only in Gujarat, Karnataka and Maharashtra but also across India.”
“Going forward, we will look at forging strong partnerships and emerge as a strong player in India,” he added.