Windar Renovables, one of the larger global makers of wind towers, in collaboration with Gamesa India have set up its first tower-manufacturing factory in India in Vadodara, Gujarat.
The tower factory built on area of 13,500 sq. m is a joint venture between Windar and Gamesa Wind Turbines with a 68 per cent and 32 per cent equity stake respectively. With an investment of Rs 90 crore, the factory employs 175 people and will produce 240 tubular towers by the end of 2012. Windar will use its technological expertise in manufacturing tubular towers to cater to markets across the country and abroad, supplying towers to clients like Gamesa, Acciona and Alstom.
Speaking on the start of the production facility, Mr Orlando Alonso Villarón, Chairman and President, Windar Renovables, said that Windar expects to build 20 towers of 2 MW machine a week. The new tower factory will cater to wind-turbine manufacturers in India and abroad, offering better cost benefits and most importantly providing supply-chain certainty.
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.