Gamesa Wind Turbines India has bagged an order from SJVN Ltd, a ‘mini-ratna’ central public sector undertaking, for the supply of 56 wind turbines of 850 kW capacity each, totaling 47.60 MW. The order comes with a 10-year ‘operations and maintenance’ services contract.
Sources have told Business Line that the order, excluding the service contract, is worth around Rs 300 crore.
SJVN’s wind farm is coming up in Ahmednagar district in Maharashtra. Gamesa has said the project would be commissioned in eight months.
SJVN Ltd is a joint venture of the Government of India and the Government of Himachal Pradesh. It owns 5,186 MW of power capacity, including the 1,500 MW Nathpa Jhakri Hydro Power Station.
Gamesa India is a wholly-owned subsidiary of Gamesa of Spain, which is among the top five wind turbine companies in the world. Gamesa India’s Chairman and Managing Director, Ramesh Kymal, told presspersons recently that the company expects to sell 1,000 wind turbines in 2013, the same as it did in the last years.
“Gamesa-SJVN new contract comes at a time when several States in India are reeling under acute power shortage and it shows how wind energy could play a pivotal role as an ideal alternative source of energy,” Kymal said.
A source said Gamesa is “consolidating” its position in Maharashtra — a State that has become the darling of wind investors, with its attractive CERC-guideline based feed-in tariff of Rs 5.70 a unit. In August, Gamesa announced securing an order from an independent power producer, ReNew Wind Power, for the supply of machines for 75 MW. Maharashtra is not as windy as compared to, say Tamil Nadu, but the latest wind turbines, such as Gamesa’s, have been designed for low wind speeds.
Keywords: Gamesa Wind Turbine order from SJVN, Gamesa to supply 56 wind turbines of 850 kW capacity each,
Comments:
SJVN has lot of idle cash and does not know what to do . RE speaks of money power . what water power companies are investing in WIND WHICH IS FINANCIAL INVESTMENT AND DOES NOT ADD TO TECHNICAL OR KNOWLEDGE CAPITAL . HP Govt undertaking investing in Ahmadnagar shows how idle cash is being squandered .
if does not have projects to invest give the idle cash to share holders and ask for FPO latter on
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