Siemens Gamesa Bags 567 Megawatt Wind Order From India’s ReNew Power

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Siemens Gamesa has secured yet another big order in the Indian wind energy market. The order, for two different wind energy projects, is a result of the auction regime introduced by the Indian government two years back.

Siemens Gamesa will supply 127 units of its SG 2.1-122 turbine for a 265-megawatt wind energy project in Bhuj, Gujarat. The project was secured by ReNew Power during the fourth national-level wind energy auction conducted by the Solar Energy Corporation of India (SECI) in April 2018.

A total of 2 gigawatts of wind power capacity was offered by SECI in that auction. ReNew Power had placed a bid to set up 300 megawatts but was finally awarded only 265 megawatts. The company shall receive Rs 2.52/kWh (3.53¢/kWh) for the energy supplied from this project. 

The second order placed by ReNew Power is for the installation of 143 units of the SG 2.1-122 turbine at Davanagree, Karnataka. The total capacity of this project shall be 300 megawatts. The project was secured by the company in the 1.2-gigawatt wind energy auction conducted by NTPC Limited in August 2018. The lowest tariff bid offered by developers in the auction was Rs 2.77/kWh (3.85¢/kWh) while ReNew Power secured the project at Rs 2.81/kWh (3.91¢/kWh).

With these two projects, the total order book for Siemens Gamesa from ReNew Power has crossed 1 gigawatt, a major milestone for both the companies.

“We are happy to announce this deal with ReNew. It marks a major milestone for Siemens Gamesa in India, with both the size of the project and the technology. Continued large orders from leading IPP’s such as ReNew demonstrates customers’ trust in our capabilities, and encourages us to work on innovative technologies focused on delivering more value for our customers,” said Ramesh Kymal, Onshore CEO of Siemens Gamesa in India.

Present in India since 2009, the accumulated base installed by Siemens Gamesa recently topped the 5.5 GW mark. The company has two blade factories in Nellore (Andhra Pradesh), and Halol (Gujarat), a nacelle factory in Mamandur (Chennai, Tamil Nadu) and an operations & maintenance center in Red Hills (Chennai, Tamil Nadu).

ReNew Power had awarded a contract to GE Renewable Energy to set up a 400 megawatt wind energy project in Gujarat. The project was secured by the project developer in the third national-level tender conducted by SECI. ReNew Power has secured 1.22 gigawatts of capacity since wind energy auctions began in India in February 2017, the highest among all project developers, with a share of 12% of the total awarded capacity.

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