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GE Renewable Energy bags ReNew Power order for 300 MW wind turbines


NEW DELHI: US major GE Renewable Energy has been selected by Indian clean energy firm ReNew Power to provide 120 GE 2.5-132 turbines for the Gadhsisa Wind Farm in Gujarat, according to a GE statement. 

A company statement here on Wednesday said the wind farm with a proposed installed capacity of 300 MW will be the largest full turnkey project by GE Renewable Energy in India. 

The project will power the equivalent of 11 lakh homes in India with clean and reliable electricity, it sReNew Power successfully bid for this project in the third round of auctions conducted by the Solar Energy Corporation of India in February," it said. 

"The 2.5-132 turbines have been designed primarily at GE's technology centre in Bengaluru, and built on learnings from more than 22,000 GE wind turbines around the world. 

"This turbine is a significant improvement over previous versions, with improved rotor diameter, wind capture and 30 per cent more Annual Energy Production (AE P) than GE's 2.3-116 turbine." 


GE's current footprint in India expands across 37 wind farms, and has 1.8 gigawatt (GW) of capacity across the country, it added. 

Commenting on the development, Mahesh Palashikar, Region Leader for GE Renewable Energy's Onshore Wind business in Asia, said in the statement: "This is an important milestone for GE in India and this relationship with ReNew will help us expand our turnkey capabilities across Asia." 

According to the statement, GE has also recently introduced its 2.7 MW low windspeed machine turbine, including the largest-ever rotor installed in India, which is currently being tested in Gujarat. 

The SDPA hoped a clarification on the GST rates should come soon the Ministry of Finance, while it lauded the MNRE for its support in representing the issues relating to ambiguities on the GST rates. 

According to industry players, a trajectory has been laid for next two years to achieve 60 GW capacity. but one main concern relate to long delays in dealing with PPA (power purchase agreement)/contractual issues with the SECI or NTPC that affect the capacity addition targets.

The government has set a target for installing 175 GW of renewable energy capacity by 2022, which includes 100 GW from solar, 60 GW from wind, 10 GW from biomass and 5 GW from small hydro power. 

To achieve the balance target of 101.65 GW, an investment of about Rs 5.12 lakh crore has been estimated. 

Industry body Solar Power Developers Association said the year 2018 has been full of opportunities and challenges for the solar industry and the MNRE's efforts made the transition h Not just central implementation agencies like the SECI (Solar Energy Corporation of India) and PSU power giant NTPC, states like Maharashtra and Gujarat have also adapted the ISTS model with good response. Similarly, hybrid scheme formulated by the MNRE received positive feedback from the industry. 

However, the ceiling on the tariffs restricted the industry participation, resulting in only partial subscription of 1050 MW out of 1200 MW (solar wind hybrid) tender capacity. 

It took around six months to conclude bids with multiple extensions. And despite multiple attempts, manufacturing-linked solar energy tenders did not receive any participation, except by Azure as sole bidder for 600 MW capacity out of 3000 MW (solar with manufacturing component) tender capacity. 

The SPDA said the industry is always willing to participate in domestic manufacturing of solar modules with "incentive-based dedicated manufacturing scheme", which was formulated by the MNRE, but that is yet to receive a green signal from the Ministry of Finance. 

On capping of tariff, the industry body said every state has its own challenges in terms of granting permits and clearances, land acquisition processes, evacuation possibilities, logistics and availability of work forces required during project execution. 

Besides, the price of capital equipment and construction machinery keeps varying depending on the prevailing market conditions. 

"It is not possible to leverage the market conditions and reflect the benefits into bid tariffs wi with upper cap fixed. Every bid has its own unique features and must get advantage of market driven parameters," the SDPA said 
"It has been a long pending request from the industry to remove the tariff ceiling and let the market factors discover the best possible tariffs. It would surely increase the participation and competitiveness for the betterment of the sector. We hope the MNRE will consider it in upcoming bids," it added. 

In order to achieve the solar mission targets, MNRE has resolved many critical issues faced by the industry, such as custom classification of solar modules, time bound pass-through mechanism from GST/safeguard duties, time extension of projects faced delays due to state related issues like land, connectivity and temporarily disruption caused after GST, it said. 

The SDPA hoped a clarification on the GST rates should come soon the Ministry of Finance, while it lauded the MNRE for its support in representing the issues relating to ambiguities on the GST rates.

According to industry players, a trajectory has been laid for next two years to achieve 60 GW capacity. but one main concern relate to long delays in dealing with PPA (power purchase agreement)/contractual issues with the SECI or NTPC that affect the capacity addition targets. 
The SDPA said an independent 'dispute resolution mechanism' must be established in order to resolve the issues amicably and in time bound manner



News Date: 20-Dec-2018

News Source: https://economictimes.indiatimes.com/industry/energy/power/ge-renewable-energy-bags-renew-power-order-for-300-mw-wind-turbines/articleshow/67176195.cms

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