/ ReNew Power Awards 50MW Turnkey Wind Project Order To Gamesa ~ Ways2Capital|Stock Tips|Stock Market Tips|Intraday Stock Tips|Stock Trading Tips|NSE BSE Tips

Tuesday, 22 November 2016

ReNew Power, India’s leading renewable energy company, has placed a 50 MW turnkey project order with Gamesa. The order will be commissioned by March 2017. As per terms of the contract, Gamesa will supply 25 units of G114 - 2.0MW T106 turbines which will be set up at Amba, Madhya Pradesh. Being a turnkey project, Gamesa will handle the entire infrastructure needed to install and operate the facility.

Commenting on the deal Sumant Sinha, Chairman & CEO, ReNew Power, added, “We are proud to partner with Gamesa and this deal further strengthens our faith in Gamesa delivering cutting edge technology for their wind turbines. We have recently crossed 1,000 MW of commissioned wind energy assets and our relationship with Gamesa has played an instrumental role in making this happen.” 

Ramesh Kymal, Chairman and Managing Director - Gamesa India added, “We thank ReNew Power for this repeat order which signifies our strong technological foothold and project management capabilities in the Indian renewable energy industry. Such renewable energy projects strongly imply ReNew’s increasing commitment towards clean energy thus swiftly working towards achieving the Government’s vision of making India a clean energy nation.”

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