ReNew Power awards 50MW turnkey wind project order to Gamesa

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The order includes delivery of 25 units of G114 – 2.0MW T106 model turbines which will be installed at Amba in Madhya Pradesh, India

ReNew Power awards 50MW  turnkey wind project order  to Gamesa

ReNew Power, India’s leading renewable energy company, has placed a 50 MW turnkey project order to Gamesa. The order will be commissioned by March 2017. As per terms of the contract, Gamesa will supply 25 units of G114 – 2.0MW T106 turbines which will be set up at Amba, Madhya Pradesh. Being a turnkey project, Gamesa will handle the entire infrastructure needed to install and operate the facility.

Commenting on the deal Mr. Sumant Sinha, Chairman & CEO, ReNew Power, added, “We are proud to partner with Gamesa and this deal further strengthens our faith in Gamesa delivering cutting edge technology for their wind turbines. We have recently crossed 1,000 MW of commissioned wind energy assets and our relationship with Gamesa has played an instrumental role in making this happen.”

Mr. Ramesh Kymal, Chairman and Managing Director – Gamesa India added, “We thank ReNew Power for this repeat order which signifies our strong technological foothold and project management capabilities in the Indian renewable energy industry. Such renewable energy projects strongly imply ReNew’s increasing commitment towards clean energy thus swiftly working towards achieving the Government’s vision of making India a clean energy nation.”

About ReNew Power

ReNew Power Ventures Pvt. Ltd., an Independent Power Producer (IPP) company, is committed to leading change in the country’s current energy portfolio by delivering cleaner and smarter energy choices and thereby reducing India’s carbon footprint.  ReNew Power’s mission is to play a pivotal role in meeting India’s growing energy needs in an efficient, sustainable and socially responsible manner.

The company creates value through reliable and efficient generation of non-conventional power through innovation in solar and wind power solutions. ReNew Power has more than 3,000 MW of commissioned and under-construction clean energy capacity across nine states in India. In March 2016, ReNew Power became the first company to cross 1,000 MW of commissioned capacity in wind and solar energy in India.

The company is backed by marquee investors such as Goldman Sachs, Abu Dhabi Investment Authority, Asian Development Bank, and Global Environment Fund and has raised a total equity of $650 million so far.

About Gamesa:

With a track record stretching back 22 years and installation of over 35,800 MW under its belt, Gamesa has established itself as a world technology leader in the wind power industry with a footprint in 55countries. Its end-to-end value chain presence encompasses wind turbine design, manufacture, installation and operations and maintenance (over to 22 GW). Gamesa is also a global benchmark in the development, construction and sale of wind farms, having installed over 7,500 MW worldwide.

For more information,
Website: http://www.gamesacorp.com

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