CORPORATE

Adani Wind bags 696-mw orders, driving its third-party business past 1 gw

Adani Wind, the wind energy business of Adani New Industries, has secured orders totalling 696.2 mw from five power producers.
The orders expand its customer base beyond the Adani Group as India’s wind industry shifts towards higher-capacity turbines.
The orders comprise 300 mw from Purvah Green Power, a part of the RP-Sanjiv Goenka Group; 155 mw from Jindal India Power, a part of the BC Jindal Group; 109.2 mw from NTPC Renewable Energy; 82.5 mw from Aditya Birla Renewables; and 49.5 mw from Integrum Energy, according to people familiar with the matter.
The contracts cover three wind turbine generator platforms rated at 5.2 mw, 5 mw and 3.3 mw, with projects spread across Karnataka, Gujarat and Maharashtra.
With the latest orders, Adani Wind’s cumulative order book from independent power producers outside its group has crossed 1 gw.
The expanded order book marks a milestone in the company’s efforts to build a third-party business in a market where turbine manufacturers are competing to supply equipment for India’s expanding renewable energy capacity.
The largest order from Purvah Green Power covers 60 wind turbines rated at 5 mw each for deployment in Bellary, Karnataka.
The new orders come as Adani Wind seeks to scale up its manufacturing capacity in Mundra, Gujarat, from 2.25 gw annually to 5 gw, with a longer-term target of 10 gw.
The expansion would position the company to compete for a larger share of domestic turbine demand and potentially serve overseas markets.

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