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Gamesa bags contract from ReNew Wind Energy

The company will supply equipment for ReNew's project in Maharashtra

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Press Trust of India New Delhi
Last Updated : Jan 25 2013 | 4:04 AM IST

Gamesa Wind Turbines, the Indian subsidiary of Spanish firm Gamesa, today said it has bagged a contract for supplying equipment for the wind project being developed by ReNew Wind Energy in Maharashtra.

Gamesa Wind Turbines has bagged an order from ReNew Wind Energy (Jath), a subsidiary of ReNew Power Ventures, for commissioning 74.65 MW of wind turbines, an official statement said.

The order includes 50 MW of G97 – 2.0MW and 24.65 MW of G58 – 850 kW machines.

However, the statement did not disclose any financial detail of the order.

The order from ReNew Power was issued on July 11, 2012, and the project will stand complete in this financial year as per the contract.

"The new 74.65 MW order from ReNew Power to Gamesa India comes as a real booster dose for the overall wind energy sector, reassuring and strengthening the wind energy market confidence," Ramesh Kymal, Chairman and Managing Director of Gamesa Wind Turbines Private Limited said.

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"We are glad to partner with trusted manufacturer such as Gamesa and look forward to many years of good performance from new machines," Sumant Sinha, Chairman and CEO, ReNew Power said.

Gamesa is engaged in designing, manufacturing, installation and maintenance of wind turbines, with more than 24,000 MW installed and 18,000 MW under maintenance.

The company has about 30 production centres throughout Europe, the US, China, India and Brazil, and more than 8,000 employee’s world wide.

ReNew Power, is an Independent Power Producer (IPP), founded by Sumant Sinha in the year 2011 and backed by Goldman Sachs, which is a global investment bank.

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First Published: Aug 23 2012 | 5:01 PM IST

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