Gamesa Corporación Tecnológica SA, a Spanish wind turbine manufacturer, is planning to invest around Euro 100 million (Rs 630 crore) to set up new facilities in Gujarat and Tamil Nadu, through its wholly-owned subsidiary, Gamesa Wind Turbines (Pvt) Ltd.
Speaking to Business Standard, after launching its research and development (R&D) centre here, Jorge Calvet, chairman and CEO, Gamesa, said that the one-year-old Indian subsidiary has started civil works for a blade manufacturing facility and will set up a tower manufacturing facility in Baroda in Gujarat.
It would also invest in land acquisition as part of expansion plans.
The proposed blade manufacturing facility, with a capacity of around 400 sets of 850 Kw blades per annum and the tower manufacturing facility with a capacity of around 400 towers per annum, would be ready for operation by September, 2011.
