- GE to supply wind turbines for 810 MW of JSW Energy’s ongoing projects in India
- JSW selected GE’s 2.7-132 onshore wind turbine, a model primarily designed and manufactured in India, ideally suited for the country
- These machines will produce enough green energy to meet annual electricity requirements for ~2.1 million households in India*
New Delhi, India – October 7th, 2021 – GE Renewable Energy has received an order from JSW Energy, one of India’s leading power companies, to supply 810 MW of onshore wind turbines for their upcoming wind farms in Tamil Nadu, India. The turbines will produce enough green energy to meet the annual electricity requirements of more than 2.1 million households in the country.
JSW Energy is currently implementing ~ 2 GW of wind farms in India and has chosen GE to supply the wind turbines for 810 MW of these projects while JSW will use its construction expertise to develop the wind farms. GE will also develop bespoke solutions and trainings to enable JSW teams gain operation and maintenance expertise to operate the wind turbines in the long-term. The supply of the turbines will start by the second quarter of 2022 and be completed by the first quarter of 2023.
JSW Energy selected GE’s 2.7 MW model assembled at GE Renewable Energy’s multi-modal site in Pune. Blades will be provided by LM Wind Power, a GE Renewable Energy business, from its Indian factory in Halol, Gujrat. This turbine was designed primarily at GE’s Technology Centre in Bangalore and is ideally suited for Tamil Nadu’s wind speed regime.
Prashant Jain, Joint Managing Director and CEO of JSW Energy, said: “We are proud to partner with GE, a high-tech industrial company, to contribute to India’s renewable energy goals. Our company has set a target to reach 20 GW of power generation capacity by 2030, by when the share of green and renewable energy projects will increase to 85% of the total portfolio. The under-construction project is our first large scale wind power project. We look forward to working with GE to achieve our energy transition and growth targets.”
Sheri Hickok, CEO of GE Renewable Energy’s Onshore Wind International business, said: “We are extremely honored to have been selected by JSW Energy for this amazing project. It will be a unique partnership where both the companies will leverage their respective strengths to deliver competitive levelized cost of energy. Together, we are aiming at enabling the energy transition in India, helping the country to achieve its renewable energy targets.”
With a persistent focus on decarbonization and round-the-clock power, the Indian energy landscape is undergoing significant positive transformation. India is making great strides towards renewable energy generation and has committed to install 175 GW renewable energy by 2022 and more than double its non-fossil fuel target to 450 GW by 2030. The country has already achieved a milestone 100 GW of installed renewable energy capacity, as of September 2021. Presently, India stands at 4th position in the world in terms of installed renewable energy capacity, 5th in Solar and 4th in Wind energy capacity.1
GE Renewable Energy is committed to enable the energy transition by supporting the work of its customers. As part of that responsibility, the business is focused on supplying and maintaining a global fleet of renewable energy assets, helping reduce the cost of renewable energy, ensuring grid resiliency, efficiency, and reliability, and making renewable energy function in a more dispatchable fashion. GE Renewable Energy also supports the energy transition by pursuing a strategy that reflects a commitment to sustainable, circular design.
About GE Renewable Energy
GE Renewable Energy is a $16 billion business that combines one of the broadest portfolios in the renewable energy industry to provide end-to-end solutions for our customers demanding reliable and affordable green power. Combining onshore and offshore wind, blades, hydro, storage, utility-scale solar, and grid solutions as well as hybrid renewables and digital services offerings, GE Renewable Energy has installed more than 400+ gigawatts of clean renewable energy and equipped more than 90 percent of utilities worldwide with its grid solutions. With nearly 40,000 employees present in more than 80 countries, GE Renewable Energy creates value for customers seeking to power the world with affordable, reliable, and sustainable green electrons.
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About JSW Energy
JSW Energy Ltd is one of the leading Private sector power producers in India and part of the USD 13 billion JSW Group which has significant presence in sectors such as steel, energy, infrastructure, cement, sports among others. JSW Energy Ltd has established its presence across the value chains of power sector with diversified assets in power generation, and transmission. With strong operations, robust corporate governance and prudent capital allocation strategies, JSW Energy continues to deliver sustainable growth, and create value for all stakeholders. JSW Energy began commercial operations in 2000, with the commissioning of its first 2×130 MW thermal power plants at Vijayanagar, Karnataka. Since then, the company has steadily enhanced its power generation capacity from 260 MW to 4,559 MW having a portfolio of 3,158 MW of Thermal, 1,391 MW of Hydro and 10 MW of Solar, ensuring diversity in geographic presence, fuel sources and power off-take arrangements. The Company through its wholly owned subsidiaries i.e. JSW Future Energy Limited and JSW Hydro Energy Limited is presently constructing various renewable power projects to the tune of 2.5 GW, with a vision to achieve a total power generation capacity of 20 GW by the year 2030, when the share of renewables in the total capacity will increase to ~ 85%.