Gamesa Wind to supply turbines to Caparo's projects

Mumbai: Gamesa Wind Turbines, the Indian subsidiary of global turbine-maker Gamesa Corporacion Tecnologica SA, has signed a $2-billion (about Rs 9,300 crore) agreement with Caparo Energy India for supplying and commissioning 2,000 MW of turbine capacity in India.

Caparo is planning wind farms in Tamil Nadu, Karnataka, Andhra Pradesh, Gujarat, Maharashtra and Madhya Pradesh. Its first 100 MW project is expected to be ready in June, another 500 MW by March 2012 and a total of 5,000 MW by 2017. The 2,000 MW from Gamesa would be installed progressively by 2016. Last year, Caparo inked a deal with Suzlon for supply of 1,000 MW.

Gamesa will supply and commission turbines (850 kW and 2 MW) starting with around 150 MW from 2012. The deal is part of Caparo Energy's strategy to secure turbines at preferential pricing. The supply will be from Gamesa's new facilities in India where 2 MW turbines and blades will be manufactured. Gamesa has a unit in Chennai and intends setting up two in Gujarat.