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1GW plan for India

Indian agreement to develop up to 1000MW of wind farms

The agreement aims to develop up to 1000MW of wind turbines across India
The agreement aims to develop up to 1000MW of wind turbines across India

Power producer Indian Energy has entered into a framework agreement with renewable energy firm Trishe for the development and acquisition of up to 1000 MW of wind farms in India. Under the agreement, Trishe will develop the projects and Indian Energy, an independent power producer, will acquire them once “certain development milestones” have been reached.

The partners plan to commission 300MW of projects during 2013, a further 350MW by 2014 and the remaining 350MW by 2016. Projects will span a number of states in India, including Tamil Nadu, Karnataka and Maharashtra.

The wind turbines will be supplied by various manufacturers, “with each project utilising the most appropriate turbine technology for the site”, says Indian Energy. Power generated will be sold to both state utilities and industrial customers.

“This is an important milestone for Indian Energy,” says the company’s chief executive Rupert Strachwitz. “We have now created the visibility on the growth of the group to over 1GW of capacity and which we can achieve in a relatively short period of time. We are delighted to have partnered with Trishe, whose team have an exceptional track record in the development of wind farms in India.”

India Energy, acquired by Infrastructure India plc in September 2011, currently has 41.3 MW of operating capacity across two wind farms in Karnataka and Tamil Nadu. Developer Trishe Energy, which is also active in the US, is currently executing development orders for 800 MW in India.