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23 May 2013
Gamesa, a global technology leader in wind energy, has reinforced its presence in India, having signed two agreements for the supply of a total of 230 MW: 130 MW to China Light & Power India (CLP India) and 100 MW to Greenko Wind Project.
The agreement with Greenko, one of India's leading wind power project developers and operators, encompasses the supply and installation of 100 MW. This agreement might be extended to additional 200 MW, with negotiations and site analysis already underway.
Gamesa will install 50 G97-2.0 MW WTGs (100 MW in total) at two 50 MW wind farms located in the states of Karnataka and Andhra Pradesh. Installation of these turbines is slated for completion at the end of the fourth quarter of 2013. In addition, Gamesa will handle the related O&M services for a five-year term.
Elsewhere, under the contract with CLP India, a subsidiary of CLP Holdings, one of the largest energy investors in Asia Pacific, Gamesa will take on the supply, installation and commissioning of 65 G97-2.0 MW WTGs (total capacity: 130 MW) at the Jath wind farm being developed by Gamesa in the Sangli district of the state of Maharashtra. The scope of this contract extends to the related O&M services for a period of 10 years.
Installation of the first 50 turbines (100 MW) is expected to begin in the third quarter of 2013, with installation of the remaining 30 MW scheduled for the end of the year. The project is expected to be commissioned in the third quarter of 2014. Once operational, this facility will generate enough energy to supply 90,000 households, thereby preventing the emission of 259,000 tonnes of greenhouse gases every year.
These two new contracts mark an important milestone for Gamesa's orderbook from independent power producers (IPP) in the Indian wind energy segment, boosting its local reputation as a credible turbine manufacturer. These agreements also highlight the stock placed in the wind sector in this economic giant at a time when as many Indian states are expressing the need to search for alternative energy sources to mitigate the scarcity and high cost of traditional fuels.
Gamesa is present in India as technology provider and wind farm developer. The company has installed over 830 MW and manages capacity of more than 700 MW under O&M agreements. In its capacity as wind farm developer, Gamesa's pipeline in India stands at 4,300 MW. India represented 12% of Gamesa's sales in 2012.
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