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Siemens Gamesa signals turnaround in India with new 326 MW wind power orders

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Siemens Gamesa Renewable Energy has won multiple wind power orders for a total of 326 MW from several leading Independent Power Producers and various industrial customers.purchased 5.4 GW of clean power through long-term contracts, surpassing 2015’s record.
Siemens Gamesa signals turnaround in India with new 326 MW wind power orders

The company will develop the entire infrastructure required to operate the projects, together with the supply, erection and commissioning of 135 units of G114-2.0 MW wind turbines and 28 units of G97-2.0 MW. The 26 projects have installed capacities ranging from 2 MW to 60 MW and are set for commissioning by March 2018 across several sites in India.

“We are happy to announce these new deals in India” said Ramesh Kymal, CEO of Siemens Gamesa's onshore business in India. “These orders show a positive sign of development in the market and it certainly boosts our confidence significantly as we gear up towards the next growth phase for Siemens Gamesa in India."

The government of India has recently announced the auction of 6 GW of new capacity in the next 4 - 5 months. This is certainly a welcome move and is very encouraging for the industry at this point in time. Siemens Gamesa is expecting the Indian market to stabilise in 2018 and fully recover in 2019.

For additional information:

Siemens Gamesa Renewable Energy

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