Engie wins 200 MW wind project in India

10 April 2018

Engie, a French multinational electric utility company, has won a 200 MW wind project in the State of Tamil Nadu, in India, in addition to another 50 MW wind project that had been won in that State last month.

Earlier this year, Engie had marked its first success in wind in India with a 30 MW project to be developed in western state of Gujarat .All these successes bring a total of 1 GW of renewable energy generation capacities in India for Engie, installed or being built.

For the200 MW onshore wind project, Engie proposed a tariff of INR2.51/kWh $39/MWh) for a 25-year power purchase agreement. This project is part of a 2,000 MW wind tender floated by Solar Energy Corporation of India (SECI).

Sébastien Arbola, CEO of Engie Middle East, South & Central Asia and Turkey, said: “We are very proud of our numerous successes in India in wind, but also in solar PV as for example the Mirzapur solar power plant we inaugurated a few weeks ago with French President Macron, Indian Prime Minister Modi and Engie CEO Isabelle Kocher.

“Engie is committed to help the Indian Government to reach its ambition to promote the development of renewable electricity and to increase the share of renewables in the energy mix. All these projects are also a significant achievement of our commitment to build harmonious progress in the country and all over the world”.

Present for over two decades in India, Engie has an installed capacity of 810 MWp in solar and a capacity of 280 MW in wind (being built), and employs around 1,000 people in power generation, engineering and energy services.

The Engie Group is currently the largest independent electricity producer in the world. Renewable energy represents 23 per cent of its global generation capacity (24 GW out of 102.7 GW, end of 2017), and its objective is to commission 14 GW of additional renewable capacity by 2022.


Source: tradearabia.com