Tata Power, Inox Wind signs 172 MW wind power deals

IWL and TPREL have signed agreements which require IWL to supply, erect and commission 86 units of its 2 MW wind turbine generators (WTGs) in Gujarat and Rajasthan

Jan 29, 2015 07:01 IST India Infoline News Service

Inox Wind Limited (IWL), a subsidiary of Gujarat Fluorochemicals Limited, and one of India’s leading  wind power solutions provider, has been awarded two wind-farm project contracts  of 54 MW and 118 MW in Gujarat and Rajasthan, respectively, by Tata Power Renewable Energy Limited (TPREL), a wholly owned subsidiary of The Tata Power Company Limited.

IWL and TPREL have signed agreements which require IWL to supply, erect and commission 86 units of its 2 MW wind turbine generators (WTGs) in Gujarat and Rajasthan. The Gujarat project, located near Rojmal village of Bhavnagar district, is to be completed by June 2015 while the Rajasthan project located near the Dangri village of Jaisalmer district is to be completed in two stages, by March 2016. IWL is responsible for site acquisition, project development, erection and commissioning, and also providing long term operations and maintenance of wind power projects.

Kailash Tarachandani, CEO, Inox Wind Ltd., said, “Inox takes immense pride in partnering with Tata Power in further expanding its sizeable wind energy footprint in India. This deal demonstrates the potential that India holds for wind energy & Inox’s growing presence in the sector.” He went on to say, “This contract is another milestone for our business in India. Through comprehensive capabilities across the wind energy value chain and an endeavour to provide end-to-end solutions, we will assist Tata Power in growing their wind energy portfolio in the country. We appreciate the trust they have expressed in our technology and look forward to an enduring relationship.”

The Inox-Tata Power agreement comes at a time when several states in the country are reeling under acute power shortage and shows how wind energy could play a key role in the sector, by providing a dependable and clean alternative source of energy.

Rahul Shah, CEO, TPREL, said, “With the conventional power sector suffering from severe shortage of fossil fuels, renewable sources of energy have assumed greater importance towards ensuring energy security. We, at Tata Power, believe that India’s wind energy resources are largely untapped and have great potential to reduce the demand supply gap. The projects reinforce our commitment to add 150-200 MW every year and going by the new government’s outlook on the renewable energy space in the country, we are confident of sustaining our growth in the sector.”

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