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Greenko sets wind-energy venture with GE

Indian clean energy developer Greenko has formalised its agreement with GE Energy for the supply and erection of further wind turbine generators.

The agreement replaces the previously announced memorandum of understanding entered into with GE in May.

Chief executive and managing director Anil Chalamalasetty said: “The partnership with a global wind turbine technology leader is a significant step in not only achieving our medium term operational capacity plans but also creating attractive and long term sustainable assets for the group.”

The agreement marks a further step in the roll out of Greenko’s wind strategy and the development of its pipeline of over 1GW of wind energy projects across India, the company said. The core features of the Agreement are for the supply and commissioning of 200 WTGs on a phased basis over the next 3 years. This is in addition to the 65MW already under construction, further WTGs can be supplied on similar terms by mutual consent.

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