Gamesa bags 100-MW wind power project from Hero Group

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Press Trust of India Chennai
Last Updated : Oct 22 2015 | 6:02 PM IST
Renewable energy firm Gamesa has bagged a 100-MW wind power project from Hero Group to set up 50 wind turbines in Madhya Pradesh.
The order was placed by Hero Future Energies, a venture of the Hero Group catering to the renewable energy, Chennai-based Gamesa India said in a statement.
"Under this agreement, Gamesa will supply and erect 50 units of G97-2.0MW turbines with a tower height of 104 metres at Dhar in Madhya Pradesh", it said.
The company did not disclose the value of the project.
"We are happy to announce our new order from the Hero Group. This partnership shows the trust customers have in our project capabilities and help us inch closer to the targets set by the government," it added.
The commissioning is expected by March 2016, it said.
"This is Hero Future Energies' first self-development project in India. We are encouraged by universal success of the self-development strategy," Hero Future Energies' Managing Director Rahul Munjal said.
"When combined with turnkey projects, alongside key industry players, this project will provide diversification to our firm. Completing this project and other such developments in the pipeline, our cumulative installed capacity is likely to be over 500 MW by 2016," he said.
Hero Future Energies currently manages power projects of about 260 MW, the statement said.
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First Published: Oct 22 2015 | 6:02 PM IST

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