Greenko says India plans on track

Indian developer Greenko commissioned 182.4MW of wind in the second half of its financial year, the company said in a trading update to investors.

“We are well on track to add a further 136MW of new wind capacity before the 2014 wind season, and projects are already under construction for a further 250MW for the coming year. Equipment orders for our 2015 target of 1GW are in place, with costs fixed in rupees,” said Anil Chalamalasetty, the company’s CEO.

London-listed Greenko said its construction portfolio is proceeding “on time and on budget" in the update, covering the financial year ending 31 March.

Its 101.6MW Ratnagiri Wind farm in the state of Maharashtra has seen its grid connection and sub-station completed, and the full capacity remains on track for commissioning by the 2014 wind season.

The Basvanbagewadi project, located in Karnataka, saw its total capacity increase from 158MW to 180MW, with its 51.2MW first phase commissioned and already generating power.  The 50MW phase two is near completion, added Greenko.

In Andhra Pradesh, the Balavenkatpuram Wind Farm used the GE 1.6 XLE turbine and the Gamesa G97 turbine for its first two 101.2MW phases. Both have been commissioned and are generating power, while the remaining 50MW third phase is at an "advanced stage".

At the 120MW Tanot Wind Farm, in Rajasthan, a 60MW batch of Gamesa G97 turbines is due to be commissioned by the end of 2014 for phase one. The 60MW land acquisition for phase two is complete, with construction expected by the end of 2014 and commissioning before 2015's wind season.

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