GE plans wind turbine unit in India; acquires Norway's ScanWind
16 Sep 2009
GE Energy, one of the world's leading suppliers of power generation and energy delivery technologies, today announced plans to set up a wind turbine generator unit in South India and develop a local supply chain for its products.
Simultaneously, GE Energy's parent GE also announced the completion of the acquisition of Scandinavian company ScanWind, a developer of advanced drive train and control wind turbine technologies, in a move to expanded renewable energy portfolio overseas.
GE's entry in the Indian market with major expansion plans is expected to challenge the near-monopoly of the Tulsi Tanti's Suzlon Energy in the local market.
The plant would start production in the second half of 2010 with GE's 1.5XLE model Wind turbine, which, the company says, is most suited for India's low wind regimes, a company release said.
GE plans to expand wind turbine capacity in the Indian unit and eventually start supplying, on an average, 300 wind turbines of 450MW of capacity yearly.
The local facility would also enable GE Energy to create a larger sourcing base from India for critical items, including - blades, towers, gearboxes, castings and forgings, the company release said.