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18 July 2014
Gamesa, a global technology leader in wind energy, has further reinforced its presence in India, having signed new agreements to supply 220 MW[i] to three of the main independent power producers (IPP) companies in the wind energy market.
In total, the company will install 110 of its G97-2.0 MW turbines in five wind farms located in the states of Madhya Pradesh, Rajasthan and Karnataka. The wind turbines, which will be made at Gamesa's local factories, are scheduled for delivery in March 2015. In addition, Gamesa will handle the related O&M services of the wind farms in the long term.
These three new contracts strengthen Gamesa's orderbook from independent power producers in the Indian wind energy segment, boosting its local reputation as a leading turbine manufacturer.
"These valuable orders from independent power producers prove our expertise and clearly signify our strong market standing in Indian wind industry. We are looking forward to have such esteemed collaborations in the future", says Ramesh Kymal, Gamesa's Chairman and Managing Director in India.
Gamesa is present in India as technology provider and wind farm developer. The company, which ended 2013 as the leading wind turbine OEM in India by market share, has installed over 1,100 MW and manages capacity of more than 850 MW under O&M agreements. India represented 33% of Gamesa's sales in Q1 2014.
[i] 50 MW of the total fall under the umbrella of agreements already communicated to the market.
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