SINGAPORE – Vestas has secured a 101 MW order from ReNew Power, one of India’s leading Renewable Energy Independent Power Producers (IPP). The order is an extension of ReNew’s existing project in Kutch, Gujarat, where Vestas had previously supplied turbines totalling to 250 MW. Vestas has also supplied turbines of 100 MW to another one of ReNew’s projects in Taralkatti, Karnataka.
The contract includes supply and supervision of 46 V120-2.2 MW turbines as well as a 10-year Active Output Management (AOM) 5000 service agreement, designed to maximise energy production for the project. With a yield-based availability guarantee, Vestas will provide ReNew Power with (long-term) business case certainty.
“We are very happy to place another order on Vestas for the extension of our existing project”, says Balram Mehta, COO, ReNew Power. “Vestas is one of the most reliable players in the wind OEM space, we hope that yield-based availability guarantee will ensure greater efficiency in operating the wind turbines and ensure that any downtime is reduced to a minimum.”
“ReNew has always preferred reliable and financially strong partners, which is reflected in their successful record of accomplishing the largest fleet of operating wind turbines in India“, says Vickram Jadhav, Vice President of Sales for Vestas India. “We take this opportunity to thank ReNew for selecting Vestas as their partner in this project. This order helps Vestas to participate in the sustainable growth of the Indian wind market which is going to be one of the largest wind energy markets in the world.”
Deliveries are expected to begin in the last quarter of 2021, while commissioning is planned to take place between December 2021 and first quarter of 2022