A new month and a new order for Gamesa in India. The leading original equipment manufacturer in India, Gamesa further strengthened its order book with a contract from project developer Ostro Energy.
Gamesa has secured two orders for 100 MW each from Ostro Energy, to develop projects in Madhya Pradesh and Andhra Pradesh. The company will deliver, install, and operate 50 models each of G97-2.0 MW turbines in each of these projects,
The project in Andhra Pradesh will be commissioned by December 2016 while the project in Madhya Pradesh will be operational by February 2017.
These new orders have increased Gamesa’s third quarter order book to almost 450 MW, pushing the company’s total capacity of contracts received this year to 896 MW.
Last year, Gamesa secured a 100 MW contract from Hero Future Energies for a project in Madhya Pradesh. In July, another independent power producer, Orange Powergen, placed order for 250 MW capacity across 3 projects. These orders increased the cumulative capacity of orders placed by Orange Powergen with Gamesa to 350 MW.
According to Make Consulting, Gamesa ended 2014 as the leading OEM in India for the second year running, with a market share of 25% in 2014, compared to 21% in 2013. Gamesa commissioned a quarter of the 2.3 GW wind energy capacity commissioned in India last year, with Suzlon Energy and Wind World India taking second and third spot respectively.
India plans to increase the installed wind energy capacity by almost 3 times by 2022 to 60 GW and is expected to launch a National Wind Energy Mission soon. Gamesa remains optimistic about market opportunities in India. Last year, the company announced 1 GW cumulative installed capacity in India and announced that it would invest €100 million in the country over the next 5 years. In February this year, Gamesa pledged to manufacture 7.5 GW of wind turbines over the next 5 years.
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