Power generator GE Energy today announced its plans to set up its first wind turbine generator plant in the country and help in shaping the nation's renewable energy agenda.
"It is a moment of great pride for all of us at GE as this is going to be our first wind turbuine generator plant in India. We appreciate the government's support in providing the project with necessary infrastructure to commence operations", GE India President and CEO T P Chopra said here on the occasion of 'GE Day' celebrations.
The plant would commence production in second half of 2010, he said.
The company's 1.5 XLE model wind turbine, most suited for India's low wind environment, would eventually grow its capacity to ship 300 wind turbines yearly in line with the growth in demand, Chopra said.
The facility would also enable GE Energy to create a larger sourcing base from India for critical items, including blades, towers, gear boxes, castings and forgings.
"Today India is ranked as the fifth largest market globally for wind power in terms of installed capacity and this will only elevate in years to come. This is an important time to be involved with wind energy and in helping to shape the future of our nation's renewable energy agenda," he said.
"With our decision to set up a wind turbine generator plant, we want to make sure that we fully capitalise of opportunities available," he added.