Gamesa Wind Turbines, the Indian subsidiary of Gamesa, signed an order with Caparo Energy India (CEIL), India's fastest-growing independent power producer for the supply, erection and commissioning of 2,000 MW of turbine capacity for wind power projects to be set up in India. The deal is the largest of its kind in India and one of the largest in the world. Speaking on the occasion, Ramesh Kymal, Chairman and Managing Director of Gamesa in India, said, "This order underlines the acceptance of wind energy as a viable and profitable solution to meet the increasing appetite among corporates to reduce their carbon footprint and meet energy needs through sustainable energy sources."Ravi Kailas, CEO, Caparo Energy India, said, "This will help us move into the next phase of our wind farm development and roll out in India. This agreement with Gamesa will be a significant step in meeting the long-term development goals of our company."Caparo Energy believes that this deal marks a shift in the Indian wind energy market. This is another step forward in the growth of the sector in India, a market that installed 2.5 GW of new installations in 2010 and is expected to install 5 GW per annum of new installations by 2015. The country's cumulative installed capacity is expected to reach 64 GW by 2020.Meanwhile, Gamesa is looking to set up solar panels alongside its turbines to enhance power generation. Ramesh Kymal, CMD, Gamesa (India), said plans were on to install a combination of solar and wind turbines to improve the plant load factor (PLF).Contacts: Gamesa Wind TurbinesTel: (44) 30989898Web: www.gamesacorp.comCaparo EnergyTel: +91 40 4396 0000Web: www.caparoenergy.com
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