Siemens Gamesa wins 326 MW wind power orders

ANI | Updated: Jan 22, 2018 20:47 IST

New Delhi [India], Jan 22 (ANI): Wind power products and solutions provider Siemens Gamesa Renewable Energy on Monday announced that it has won multiple wind power orders for a total of 326 MW from several leading independent power producers and various industrial customers in different projects.

As per the agreements, Siemens Gamesa will handle the entire infrastructure needed to operate the projects together with the supply, erection and commissioning of 135 units of G114-2.0 MW wind turbines and 28 units of its G97-2.0 MW for leading independent power producers and various industrial customers in India.

The projects, 26 in total, with installed capacity ranging between 2 MW and 60 MW are set for commissioning by March 2018 across several sites in India.

"We are happy to announce these new deals in India. These orders show a positive sign of development in the market and it certainly boosts our confidence significantly as we gear up towards the next growth phase for Siemens Gamesa in India. With the support of our loyal customers and an efficient team we are looking forward to a great 2018," said CEO, Siemens Gamesa's onshore business in India, Ramesh Kymal.

The government of India has recently announced the auction of six GW of new capacity in the next four - five months.

A clear auction calendar such as the above is certainly a welcome move and is quite encouraging for the industry at this point of time and will accelerate capacity additions.

Siemens Gamesa expects the Indian market to stabilize in 2018 and fully recover in 2019.

The company has been the leading original equipment manufacturer in India for the last three years, according to MAKE Consultancy. (ANI)