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China's Ming Yang receives first India wind turbine contract for 150MW

Ming Yang Wind Power Group awarded contract for Maharashtra wind farm and becomes first Chinese manufacturer to sell its wind turbines in India

Wind power farm
The 150MW order for Ming Yang follows the Chinese firm’s wind turbines being approved for sale in India in November this year

Ming Yang has won a 150MW order in India to become the first Chinese manufacturer to sell its wind turbines in the BRIC country. Following Ming Yang turbines being approved for sale in India in November this year, the Chinese company has received its first order to supply its 1.5MW wind turbines, totalling 150MW for a wind power project in Maharashtra, according to reports.

Bloomberg reports the 150MW order is for an undisclosed developer in Maharashtra state.

Global Wind Power, which is a joint venture between the China Ming Yang Wind Power Group and India’s Reliance Capital, said it expects the Indian government to approve the sale of its second 1.5MW wind turbine by May 2014.

Hiren Shah, CEO of Global Wind Power said Ming Yang’s newer machines are able to generate more power from lower wind speeds. This will make them attractive to Indian wind farm developers who are increasingly choosing turbines based on their efficiency rather than price, Bloomberg reports. 

Shah said cost and finance availability are the key challenges faced by the wind power developers in India.

“The customer is educated enough now, so they’re not thinking about cost per megawatt. They’re thinking about the cost per unit of electricity generated,” he said. Purchasing Ming Yang’s wind turbines may also allow the developers to secure funding from Chinese banks, he said.

Shah added that Reliance and Ming Yang has signed an agreement with China Development Bank to lend approximately USD 3bn for 2,500MW wind power projects in India.