Gamesa Helps Indo Rama Synthetics Enter Renewables Market
Indo Rama Synthetics have developed a subsidiary company to extend the company’s activities into the renewable energy market. Rama Renewables have now officially entered the market through a contract with Gamesa Wind Turbines Private Ltd, a global technology leader in wind energy.
Gamesa will supply 30 MW of wind energy generators to Indo RamaRenewables.The order involves the supply of 15 wind mills, G97-2.0 MW units, which Gamesa will erect and commission in Jath, Maharashtra. The company aims to have the project completed by 31stDecember 2012, according to a press release from Gamesa.
“The Indo Rama Renewable contract strengthens the Gamesa 2.0 MW portfolio in Maharashtra,” said Ramesh Kymal, Chairman and Managing Director of Gamesa in India.“The company is fast emerging a market leader with the Gamesa 2.0 MW platform among the growing IPP segment.”
The release quoting Vishal Lohia, Executive Director, Indo Rama Synthetics, said, “This is the first of several investment plans that have been chalked out, we have aggressive plans to be a leading renewable Independent Power Producer (IPP) and an active participant in the Indian renewable energy platform.”
The growing orders from Independent Power Producers establish Gamesa’s credibility as a preferred wind turbine manufacturer among the renewable power developers in the country. The deal also reinforces the overall confidence of wind turbine manufacturers even amidst the current slowdown in the wind energy market.
To Gamesa, this contract comes weeks after the announcement of the single largest 75 MW order with another IPP, ReNew Power, in Maharashtra.India contributes 14% of Gamesa’s total sales in the first half of 2012.