- The order entails delivering two 100 MW wind power projects in Ananthapur, Andhra Pradesh and Agar in Madhya Pradesh; and 50 MW in Ratlam Madhya Pradesh
- The deal mandates installation of Gamesa G97-2.0MW T-104m wind turbines across the identified sites to be commissioned by March 2016 and September 2016
Promoted by AT Holdings Pte. Ltd, Singapore, Orange Renewable (OR) is focused on developing, constructing and operating renewable energy projects in the field of wind and solar. The strong OR team has expertise in project development, capital mobilization, contract awards and management, project management and power plant operations.
Under this agreement, Gamesa will supply 125 units of G97 – 2.0MW – T104 across the three identified sites. While 100 MW at Ananthapur and 50MW at Ratlam are scheduled to be completed by March 2016, the 100 MW project in Agar, Madhya Pradesh is to be commissioned by September 2016.
For the 100 MW project in Ananthapur, Andhra Pradesh, Gamesa will be responsible for providing turnkey solutions where as in the 150 MW Madhya Pradesh, it will be responsible for project supply, erection and commissioning. The agreement also includes a long term operations and maintenance agreement.
Commenting on the deal, Mr. Ramesh Kymal, Chairman and Managing Director- Gamesa India said, “This order further cements Gamesa’s partnership with Orange Renewable and we are pleased to announce that they will be commissioned in Andhra Pradesh and Madhya Pradesh which testifies our customers trust in us.
With a turbine made for India, we expect to deliver better generation for our clients and contribute positively to India’s renewable energy capacity addition targets. This will bolster our role in bringing wind energy to the forefront and improve energy security of the country.”
Mr. Sudhir Nunes, Chief Executive Officer, Orange Renewable added, “We are pleased to announce our second round of projects with Gamesa. With our strong wind resource and technology differentiation this 250 MW project adds substantial value to our growing portfolio and further expands our geographical presence to southern India states. This project reinstates our focus to deliver optimal energy solutions to the country.”
Headquartered in New Delhi, Orange Renewable is a developer and operator of renewable energy projects. A 100% subsidiary of AT Holdings Pte Ltd, Singapore, Orange Renewable is focused on developing, constructing and operating renewable energy projects in the field of wind and solar across India with presence in Andhra Pradesh, Karnataka, Madhya Pradesh, Maharashtra and Rajasthan
Gamesa in India
In recent years, India has emerged as one of the most promising wind power markets: installed capacity is expected to increase from close to 23,000 MW today to 40,000 MW by the end of 2019, driven by huge pent-up demand for electricity, according to sector consultancy BTM’s estimates.
The new orders secured by Gamesa in India – with some 500 MW locked in year-to-date – reinforce its solid commercial positioning: according to BTM, the company ended 2014 as the leading OEM in the country for the second year running, with a market share of 32% in 2014, compared to 21% in 2013.
Gamesa’s presence in India – as technology provider and wind farm developer – dates back to 2009. To date, it has installed close to 1,900 MW and services over 1,850 MW under O&M agreements. In addition, in its capacity as wind farm developer, it has developed over 1,300 MW.