Thursday, August 23, 2012

Gamesa India bags ReNew Power Order

To commission 74.65 MW of wind turbines including 50 MW of G97 – 2.0MW and 24.65 MW of G58 – 850 kW machines
· Largest order for the G97 2.0 MW platform in Maharashtra
Chennai/Mumbai, August 23: Gamesa Wind Turbines Pvt. Ltd., the Indian subsidiary of Gamesa – world leader in design, manufacture, installation and maintenance of wind turbines, has recently bagged an order from ReNew Wind Energy (Jath) P Ltd. a subsidiary of ReNew Power Ventures Pvt. Ltd. for commissioning 74.65 MW of wind turbines. The order includes 50 MW of G97 – 2.0MW and 24.65 MW of G58 – 850 kW machines.
Gamesa Wind Turbines Pvt. Ltd, over the last one year, has observed an increasing presence from Independent Power Producers in its order books. The order from ReNew Power - was issued on July 11, 2012 and the project will stand complete in this financial year as per the contract. The machines will be installed in Maharashtra. This is amongst the many ‘75 MW’ single orders received by Gamesa and are significant as it is the largest order for the G97 2.0 MW platform in Maharashtra. G97 2.0 MW turbine has been especially designed for low-wind sites in states like Maharashtra and was launched by the company earlier this year.
“The new 74.65 MW order from ReNew Power to GAMESA India comes as a real booster dose for the overall wind energy sector, reassuring and strengthening the wind energy market confidence. With the induction of ReNew Power into the large customer base of GAMESA India, the Spanish wind energy major further strengthens the credibility that enjoys in the growing Indian wind industry”, Mr. Ramesh Kymal, Chairman and Managing Director of GAMESA Wind Turbines Private Limited said adding that with this order, GAMESA India’s overall presence and visibility would increase in the entire State of Maharashtra especially in the most successful G 97 platform.
Mr. Sumant Sinha, Chairman and CEO, ReNew Power said “We are glad to partner with trusted manufacturer such as Gamesa and look forward to many years of good performance from new G97 machines. With this order we further establish the vision of rapidly expanding our footprint in the growing Indian wind energy market. This is another such partnership and an important step towards positioning ReNew as one of the leading Renewable IPP in India.”
The growing orders from Independent Power Producers establish Gamesa’s credibility as a chosen wind turbine manufacturer among the renewable power developers in the country. The deal also reinstates the overall confidence of wind turbine manufacturers even amidst the current slowdown in the wind energy market. The wind turbine major has also bagged large orders from PSU’s like GAIL, Oil India, NREDC, in the past.
About Gamesa (
With more than 18 years’ experience, Gamesa is a global technological leader in the wind industry.
Its comprehensive response includes the design, manufacturing, installation and maintenance of wind turbines, with more than 24,000 MW installed and 18,000 MW under maintenance .
Gamesa is also a world leader in the development, construction and sale of wind farms, having installed over 5,000 MW and having a portfolio of 24,000 MW in Europe, America and Asia.
Gamesa has about 30 production centre’s throughout Europe, the United States, China, India and Brazil, and more than 8,000 employee’s world wide.
The annual equivalent of its 24,100 MW installed amounts to more than 5 million tons of petroleum (TEP) per year and prevents the emission into the atmosphere of about 36 million tonnes of CO2 per year.
In 2011, Gamesa's consolidated revenues amounted to more than 3,033 million Euro and the net profit was 51 million Euro. International markets accounted for almost 92% of all sales.
About ReNew Power Ventures Pvt. Ltd.
ReNew Power, is an Independent Power Producer (IPP), founded by Mr. Sumant Sinha in the year 2011 and backed by Goldman Sachs, which is a global investment bank and an active investor in alternative energy/clean technology. ReNew is playing a pivotal role in plugging India’s energy deficit issues in an efficient, sustainable and socially responsible manner by producing power through alternative energy sources which is a key to cleaner environment. 

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