Gamesa India, which was one of the top wind turbine makers during 2013-14, is targeting 800MW of wind power capacity addition across the country in 2014-15.
The company currently has over 200MW of windmills ready to be commissioned and has orders on hand for about 600MW.
The company commissioned 400MW of projects during 2013-14, topping the list of wind turbine manufacturers in the country during the year. Gamesa has now crossed 1000MW of installed capacity in India.
The Spanish company, which started operations in India in 2010, now contributes 22% of Gamesa’s global sales. Gamesa globally had a turnover of 2.3 billion euro in 2013 and contribution from the Indian operations went up to 22% from 12% in 2012.
“The market in India will go up substantially and Gamesa India will gradually increase its contribution to the global sales,” Ramesh Kymal, chairman & managing director, Gamesa India, said.
Gamesa, one of the top six wind turbine makers in the world, has invested over Rs 1,500 crore for its Indian operations over the last four years for its manufacturing units in Tamil Nadu and Gujarat.
Apart from preparing for the orders on hand, Gamesa India has also developed a strong ‘megawatt pipeline,’ which refers to preparedness to execute orders after completing all the preparatory work such as acquiring land and approvals to set up the wind farms.