One of the largest wind turbine manufacturers in the world and Chinese company, Sinovel has received the ‘type approval’ from the Centre for Wind Energy Technology to sell its (specified) machines in India. This approval effectively paves the way for Sinovel’s entry into the Indian wind market.
Sinovel has received approval for its 1.5 mw machine that has a rotor diameter of 82.92 metre and hub height of either 70 metre or 80 metre. Sinovel has an agreement with the Ghodawat group of Maharashtra to use the latter’s facilities to produce the turbines in India.
The entry of a large Chinese manufacturer is generally seen as a major competitive force. However, the Secretary of the Indian Wind Turbine Manufacturers Association DV Giri, feels that Sinovel would not be able to sell in India at prices much lower than what the other companies are selling at nowadays.
Giri told a business newspaper that at between Rs 5.75 crore and Rs 6 crore per mw, it is already very low priced. Selling below that level, according to him, would be tough. Cost might not be the only factor that IPP and captive customers who are now the major customers for wind turbines might consider.
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