A more amicable tariff for renewable energy would be part of the government’s initiative on expansion of wind energy, said Union Minister of State for Power Bharatsinh Solanki.
Speaking at the inauguration of the wind turbine generator manufacturing facility in Gummidipoondi by Leitner Shriram Manufacturing Ltd. on Friday, Mr. Solanki said, “India needs more clean energy as it has become one of the fastest growing economies in the world.”
The facility created by an Indo-Italian joint venture would have a capacity of manufacturing 120 wind turbine generators annually. The built-up area of the plant is around 2.50 lakh sq. ft. The unit employs around 300 people.
The government is keen on similar and larger investments in renewable energy in order to cope with the challenge of global warming, said Mr. Solanki. It also wants joint ventures in transmission of power to meet the increasing demand for energy, he added.
The Minister said that there was a need to organise India’s energy resources as it had emerged as the sixth largest energy consumer in the world. The facility would contribute to capacity addition in wind energy potential of Tamil Nadu, which is the largest producer of wind energy in the country, he said.
Managing Director and CEO of Shriram EPC Ltd. T. Shivaraman said, “The facility would start exporting in November. It has been designed as a sourcing hub.”
President of Leitner Technologies Group Michael Seeber said, “Chennai has proven to be the ideal location for our factory. It took a very short time to get the factory ready and start our production.”
Managing Director of Leitner Shriram Manufacturing Ltd. P. Ashok said that the facility would produce world class gearless turbines.
