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Inox Wind to set up an integrated wind turbine manufacturing unit in MP

Steel News - Published on Sat, 17 Jan 2015

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PTI reported that Inox Wind Limited, a subsidiary of Gujarat Fluorochemicals, will set up a single location integrated wind turbine manufacturing facility in Madhya Pradesh’s Barwani district.

A company statement said that the plant will be set up with an investment of over INR 300 crore. INOX Wind has 400 MW of projects under it in Madhya Pradesh, making it the largest developer in the state. The company will be manufacturing Nacelles 800 MW capacity, hubs, blades 800 MW capacity and towers 800 MW capacity.

The company will be manufacturing a 2 MW turbine and various variants including the 93 rotor diameter and the 100 rotor diameter. This complex will also be manufacturing Inox’s Gen-Next 113 rotor diameter turbine.

The Barwani facility is spread over 45 acres and is bigger than other standalone manufacturing facilities of INOX Wind in Una in Himachal Pradesh and Rohika in Gujarat.

Mr Devansh Jain, Director of Inox Wind, said that “The M.P. government is aiming for 10 GW while country has done 3.2 GW till date, which is expected to exponentially grow. The Commissioning of our Barwani facilities will happen from April 2015 to March 2016. The manufacturing complex in Barwani will lead to an expected job creation in excess of 3,000 people.”

Inox plans to set up 2500 to 3000 MW in next 2 years.

Due to continuous investment, it has been growing at 79% CAGR even as the sector went through tough times in last few years.

Mr Jain said that “Madhya Pradesh has huge untapped potential for wind energy. Over the coming years, the State may see a development of 500-600 MW per annum on a sustained basis and the company has ongoing projects in MP amounting to 400 MW in various parts of the State.”

INOX Wind already had manufacturing plants for blades and towers in Gujarat.

It has entered into a license agreement with a foreign firm WINDnovation to allow it to manufacture 100 meter rotor diameter rotor blade sets. As part of its initiative to increase inventory of project sites, Inox has acquired access to certain project sites in Rojmal in Gujarat, Dangri in Rajasthan, Bhendewade and Vaspet in Maharashtra and Palakkad in Kerala.

Source - PTI

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Posted By : admin on Sat, 17 Jan 2015
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