Adani Wind lines up ₹2,000 crore for capacity expansion
Adani Wind, the wind energy solutions division of Adani New Industries (ANIL), plans to invest ₹2,000 crore in setting up 5 GW (giga watt) capacity in five years, a senior company official told ET. Thereafter, the capacity would be scaled up to 10 GW in another two years, by 2030.
«We will be expanding our capacity in four phases.
The present capacity is 1.5 GW where we are manufacturing 300 wind turbine generators. In the next five years we plan to reach 5 GW capacity annually and in another two years after that, we will commission 10 GW annually,» Milind Kulkarni, chief operating officer, Adani Wind, told ET.
Last month, Adani Wind's 5.2 MW wind turbine generator (WTG), India's largest, got enlisted in the Revised List of Models and Manufacturers (RLMM) published by the Ministry of New and Renewable Energy.
This listing implies that 5.2 MW WTG of Adani Wind is now commercially available.
The WTG has received type certification from Germany's WindGuard GmbH, enabling it to start series production for global markets.
So far the company has spent ₹ 300 crore in setting up the WTG manufacturing facility in Mundra, Gujarat.
Demand for larger turbine sizes of 5X and more is increasing in the world market and Adani Wind is targeting the markets of USA, Brazil, MENASA (Middle East, North Africa and South Asia), SriLanka, Australia and India with annual available markets 1-12 GW a year.
However, though there are already established players in the WTG manufacturing segment internationally, there is a lack of turbines which have a higher rating and capacity.
«Even the international demand is moving to higher capacity turbines. In India too we will witness a similar trend.
