Home » Finance » Suzlon to develop 50MW wind farm for GMDC at a cost of Rs. 3 billion

Suzlon to develop 50MW wind farm for GMDC at a cost of Rs. 3 billion

As Panchabuta had reported in July last year, listed PSUs of the state of Gujarat such as Gujarat Mineral Development Corporation (GMDC), Gujarat Alkalies and Chemicals Limited (GACL), Gujarat Narmada Valley Fertilizers Company Limited (GNFC) and Gujarat State Fertilizers and Chemicals Limited (GSFC) are increasingly developing wind power generation capacities in the state.

In November last year, we had talked about GMDC’s plan to set up 100 megawatt (Mw) wind farm with an investment of Rs 700 crore, which has since been commissioned. At that time GMDC had talked about further plans for additional 50 Mw wind power generation capacities in Gujarat with an estimated investment of Rs 350 crore.

Early last month, we had mentioned that India’s largest wind turbine manufacturer Suzlon Energy Ltd. had said its Group had signed a contract for a 50 MW  project valued Rs.305.32 crore with Gujarat Mineral Development Corporation Ltd. or GMDC.

The scope of contract covers supply of 24 units of Suzlon’s S95 – 2.1 MW wind turbines, featuring DFIG technology. The project is set to be commissioned in the Jamnagar district of Gujarat by Q3FY13.

Confirming the development, GMDC MD, VS Gadhavi said a couple of days ago, “We are adding another 50 MW of wind power generation capacity, which would take our total capacity to over 150 MW. The 50 MW project is coming up at Bhanwad in Jamnagar district.” The Gujarat Mineral Development Corporation (GMDC) is in the process of expanding its wind power generation capacity further by 50 MW at an investment of approximately Rs300 crore, a senior official said. The EPC contract for the wind farm development project has been awarded to Suzlon Energy. GMDC is investing around Rs300 crore for the expansion project, which is likely to be commissioned in October.

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