Kumari Palany & Co

GAMESA STRENGTHENS ITS PRESENCE IN INDIA

Posted on: 09/Mar/2011 6:56:23 AM
§  Indian operations revenue about Rs. 1000-cr in first year of operation

§  New manufacturing facilities in Gujarat and Tamil Nadu to strengthen its production capacity

§  Opens R&D Centre in Chennai

§  Pioneering in ‘Re-Powering’ of old WTGs with latest technology machines
 
 Gamesa, the Spanish company specialising in sustainable energy technologies, mainly wind power, today announced the investment in a new blade factory, nacelle factory and tower factory (joint venture) in India; and also the launch of its R&D centre at Sholinganallur in Chennai. Gamesa’s Indian outfit has also taken a lead role in ‘RePowering’ of existing old turbines with state-of-the-art new Wind Turbine Generators (WTGs), which is the first of its kind in the country.

Gamesa had launched its operations in India in February 2010 with setting up of an Indian subsidiary, Gamesa Wind Turbines Pvt. Ltd. The Indian venture of Gamesa has notched up an impressive turnover of about Rs. 1000-cr in its first year in India and has exciting plans for the coming years.

Speaking on the occasion, Mr. Jorge Calvet Spinatsch, Chairman & Chief Executive Officer, Gamesa Corporación Tecnológica, S.A., Spain said, “Our new R&D centre and Re-Powering initiative are the outcomes of strategic plans showcased by Gamesa to establish us industrially in market that has higher growth potential and competitive business environment. With these initiatives, Gamesa is aptly responding to the growing significance of the Indian market. We are making long-term commitments in India, wherein we are hopeful of attaining sustainable growth, in a progressive manner. We will gradually set up other offices in the key economic areas of India in order to offer Indian customers the best service support for our products.”

Considering the tremendous talent pool, knowledge and skill level availability in India, we are planning to recruit more than 100 engineers in 2011 for research and development activities. The capacity will be doubled in the year 2012. This R&D centre will support the global engineering research and development activities, working all through the value chain. The engineers will work on major projects in the value chain including mechanical, aerodynamics, material research and electronics aspects. The R&D centre will have active co-operation of wind energy experts, collaborate with educational institutions, newest scientific innovations, high-end technology usage and highly qualified human resources for selection of materials and production processes.

In 2011, Gamesa is planning to set up new manufacturing facilities for making Nacelles of 2MW turbines, Blades and Towers (JV) in different locations in the states of Gujarat and Tamil Nadu. These facilities arere being set up with an investment of about Rs. 500 Crores.

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