For supply of turbines, renewable energy company Greenko has signed up with Spanish wind turbine company Gamesa. It is on course to add 200 mw of additional wind power generation capacity by December to its existing overall capacity of 309 mw. The Hyderabad-based Greenko, listed on the Alternative Investment Market of the London Stock Exchange, has signed up with Gamesa for supply of 300 mw of wind turbines.
The first 100 mw of turbines are due on site within four months. Anil Chalamalasetty, Chief Executive Officer of Greenko said that the company has recently added 62.5 mw capacity wind farms at Ratnagiri in Maharashtra of the 100 mw it planned there. In addition, Greenko will be adding capacity at Basvanbagewadi wind farm in Karnataka and Balavenkatapuram in Andhra Pradesh in time for wind season ahead of monsoons.
The company couple of months ago closed funding of
€100 million from GIC of Singapore and has signed up new contracts for supplies. The Gamesa tie up complements the existing GE turbine supply agreement. The contract is for the Gamesa G97-2.0 mw IIIA turbine, with a binding obligation for supply of 200 mw, and an option for an additional 100 mw.
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