India

India

Wind Wire: First factory

GE Energy is tapping into India's burgeoning wind market with plans to build its first wind turbine factory in the country.

The manufacturing plant - in the south-east, coastal city of Chennai - is to start production of 1.5 MW turbines in the second quarter of 2010. The turbine model is considered suitable for India's low-wind regimes. The factory will target annual production capacity of 450 MW. GE Energy sees the facility as a regional supply base for components including blades, towers, gearboxes, castings and forgings. Meantime, oil giant BP has sold its Indian wind subsidiary, BP Energy India Private Limited, saying it is focusing its wind activities in the US market. BP Energy India owns and operates three wind farms in India with total generating capacity of about 100 MW. Buyer Green Infra Limited, which paid INR 4.6 billion ($96.3 million), is an independent power producer indirectly owned by India's IDFC Private Equity.

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