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SENVION INDIA wins 591 MW firm order from JSW Energy


4th October 2021, Mumbai: Senvion, a leading manufacturer of wind turbines, has been awarded a 591 MW project to deliver its high-quality Wind Turbines for JSW Energy. Senvion turbines will be deployed in JSW Energy’s ongoing pipeline of ~ 2.5 GW of renewable projects which are under construction.

The project will comprise of Senvion’s State-of-the-art 2.7MW turbines. When fully deployed these wind turbines will produce enough clean energy to supply the power needs of over 450,000 Indian homes. Key factors in the award of the contract to Senvion included a competitive product due to high-level of indigenization, technical strength, and quality. The delivery of the turbines will start from H1 of 2022.

The project also comes with a 10-year Fleet-ProTM O&M contract, which is Senvion comprehensive maintenance program for its installed turbines. Fleet-Pro delivers high quality digital interface with turbines, on-line prognosis and diagnosis and prompt service to realize full potential of the wind farm.

Prashant Jain, MD & CEO at JSW Energy said: "We are happy to work with Senvion in our flagship wind projects. Senvion presented a high quality proposal backed by quality turbines, strong engineering capability and an attitude to jointly work towards solutions for a successful execution of the project. We look forward to on-time completion of the under construction wind projects.”

Amit Kansal, MD & CEO, of Senvion India, said: " It is a very satisfying win with JSW and Senvion is very thankful for the trust JSW management has put in Senvion’ solutions and team. The success of such project depends on pre-engineering and optimization which helps not only in winning but in execution later. The two teams are now working relentlessly to meet the commissioning timelines and to build a world class project. Senvion is fully committed to deliver world class technology and significantly contribute towards the vision of Indian Government to achieve 450GW of installed renewable power in the country by 2030.’

Jamal Wadi, Chairman of Senvion India / President & CEO of Alfanar’s construction and renewable business globally sums it up: The trust that JSW Energy has placed in Senvion India with the order is a testimony to the superior technology and performance of Senvion India’s wind turbines. Alfanar is committed to strengthen Senvion India to deliver its projects on time with high quality standards and continuously evolve as the top technology OEM of Wind Technology.


About Senvion India:

Senvion India is present in India since 2016. Senvion has fully operational factories in India to meet the indigenous demand. It has localized its turbines up to 85% thereby creating employment and other opportunities for the Indian market. Senvion has successfully installed its 120m and 130m rotors turbines in India, which are some of the finest technologies for Indian wind regime. Senvion also has a world class R&D center in India which will continue to develop new technologies to meet the market demand. Senvion India was fully acquired recently by Alfanar Group. It’s diversified corporate portfolio consists of electrical products including technology development, manufacturing and sales, as well as services and solutions which include turnkey EPC, project development, O&M and technical services.


About JSW Energy:

JSW Energy Ltd is one of the leading Private sector power producers in India and part of the USD 13 billion JSW Group which has significant presence in sectors such as steel, energy, infrastructure, cement, sports among others. JSW Energy Ltd has established its presence across the value chains of the power sector with diversified assets in power generation and transmission. With strong operations, robust corporate governance and prudent capital allocation strategies, JSW Energy continues to deliver sustainable growth, and create value for all stakeholders. JSW Energy began commercial operations in 2000, with the commissioning of its first 2x130 MW thermal power plants at Vijayanagar, Karnataka. Since then, the company has steadily enhanced its power generation capacity from 260 MW to 4,559 MW having a portfolio of 3,158 MW Thermal, 1,391 MW Hydro & 10 MW Solar, ensuring diversity in geographic presence, fuel sources and power off-take arrangements. The Company, through its wholly owned subsidiaries i.e. JSW Future Energy Limited and JSW Hydro Energy Limited is presently constructing various renewable power projects to the tune of 2.5 GW, with a vision to achieve a total power generation capacity of 20 GW by the year 2030, when the share of renewables in the total capacity will increase to ~ 85%.


For further information:
Contact: Saurabh Srivastava
E-mail id: Saurabh.srivastava@senvion.in


Alfanar successfully completes 100% acquisition of Wind Turbine OEM Senvion India

Mumbai: Alfanar has today announced its entry into Indian energy sector through 100% acquisition of wind turbine OEM Senvion India from Senvion GmbH. This is a unique and transformational deal for Alfanar which will strengthen its competitive position in India to grow its multi-dimensional end-to-end competitive solutions in the field of renewable energy and grid transmission along with powering Senvion India to continue to operate as a full-fledged OEM in the Indian market. Through this acquisition, Senvion India will provide full EPC and O&M solutions for wind power projects to customers in India. The acquisition was made through Global Renewable Energy Development Holding Company Limited (GREDHCL), a dedicated investment vehicle set-up by promoters of Alfanar.

Jamal Wadi, MD of GREDHCL and President of Alfanar’s Energy & Renewable business said: “We are a strong believer that Renewable Energy is the only solution for sustainable planet and given the single digit penetration of renewable energy in the overall energy mix, we have a long way to go. Alfanar’s investment in Senvion India is a start towards the goal to be a major player in Indian energy sector through its services in the fields of renewable energy and grid substations. India is a very strategic market for Alfanar and we are certain that with Alfanar’s support & commitment to Senvion’s experienced leadership team, we will significantly contribute to India’s goal of sustainable power generation and ‘Make In India’ initiative”.

Amit Kansal, CEO and MD of Senvion India, said: Senvion India is a fully operational Wind Power OEM in India. Now with Alfanar, we are very confident to scale-up the operations to meet the ambitious goals of the Indian government towards renewable energy. This decade is critical for India to improve its percentage of Renewable energy on the grid and Senvion will play a key role in achieving this goal. Senvion have already localized 85% of its turbine in India and has created over 2,000 direct and indirect jobs. Senvion will continue its world class innovations by introducing new technologies in turbines and O&M space and also push localization to higher level to achieve Make-in-India goals.

About Alfanar:

Alfanar is a Saudi company with a global presence that is primarily engaged in the energy industry domain; mainly manufacturing and trading a wide range of for LV, MV and HV electrical products to cater to the ever-growing demand for power infrastructure across the world. 

Through its construction arm, Alfanar provides turnkey EPC solutions for power plants and substations, allied engineering services, in addition to the development of renewable energy, smart meters, and social infrastructure projects.

Stemming from its belief that success is based on two main pillars: quality is the prime competitive advantage and people are the greatest asset , Alfanar embraces the Power of Excellence through its network of manufacturing facilities that span the Middle East, Europe, Asia and Africa, which include Alfanar Industrial City (Saudi Arabia), Contactum (UK), ZIV (Spain and India), Safa electric (Turkey), Kopp (Germany), EA (Italy), Alfanar Electrical Systems (UAE) and Alfanar Engineering Services (India).

With 480 MWs operational, 370 MWs under execution and 1.3 GWs under development, Alfanar is a global renewable energy developer with presence in Europe, India and the Middle East.

In India, Alfanar Global Development has commissioned 300 MW Wind Project in Gujarat that was awarded under SECI – III. It is also executing another 300 MW of Wind Project in Gujarat that was awarded under SECI – V. EY acted as the exclusive M&A advisor to Alfanar

About Senvion India:

Senvion India has been operational since 2016 and has a fully operation factory in India. It has localized its turbines upto 85% thus creating Indian jobs and opportunity to ancillary industry related to wind power. Senvion recently installed its 130m rotor turbine which is one of the finest technology for Indian wind regime. Senvion also has a world class R&D center in India which will continue to develop new technologies for the market and its customers.

Contact:

Saurabh Srivastava
Saurabh.Srivastava@senvion.in


Senvion India Secures Long Term Service Contract Renewal with Malpani Group

19th May 2021, Mumbai: Senvion India has secured a ten-year Operations and Maintenance contract for a combined 25 wind turbines [54 MW] for five windfarms in India. The wind farms belong to the Malpani Group. Under this renewal contract Senvion will deliver its comprehensive maintenance solutions for a period of 10 years starting from May 2021.

Speaking on the occasion, Mr. Rajesh Malpani, CMD Malpani Group, said “Malpani Group is investing in Renewable Energy as part of its business Diversification and Green energy vision. Ensuring uptime of the Wind turbines is critical for Environmental Sustainability and meeting Return on Investment (ROI) targets. We are pleased to partner with Senvion India to achieve Operational excellence and continuous improvement with our assets.”

Amit Kansal, CEO and MD of Senvion India, said: 'This service contract extension demonstrates the confidence Malpani Group has on Senvion India solutions and the service team. Senvion India is fully committed to long term O&M delivery for our customers ensuring maximum availability and uptime of turbines to meet their business goals. As part of the agreement, Senvion India will provide a fully comprehensive solution with onsite team, 24/7 remote monitoring and diagnosis, spare-parts and software updates among other services, to ensure world class reliability and Performance.’

About Senvion India:

Senvion India is present in India since 2016. Senvion has fully operation factory in India to meet the indigenous demand. It has localized its turbines up to 85% thereby creating employment and other opportunities for the Indian market. Senvion recently installed its 130m rotor turbine which is one of the finest technology for Indian wind regime. Senvion India also has a world class R&D centre in India which will continue to develop new technologies to meet the market demand.

About Malpani Group:

Malpani Group is well diversified business house active in Renewable energy,FMCG products, Amusement and Water Parks, Real estate, Education etc. headquartered at Sangamner near Shirdi in Maharashtra. The Group is having installed base of 600+ MW renewable projects (wind & solar) spread across 8 states.


ACQUISITION OF SENVION GMBH’S INDIA OPERATIONS

3rd December 2020, Germany/Mumbai: Senvion GmbH has entered into contractual agreements for the sale of 100% of its Indian operations (“Senvion India”) on 01 December 2020. Senvion had previously ringfenced the Senvion India business,which is a full-fledged Wind OEM and in the business of WTG manufacturing, turnkey EPC solutions with project development, O&M and Asset Management, from its self-administration process.

The transaction envisages the transfer of complete ownership of Senvion India along with all assets such as the factory, installed base of O&M andcurrent ongoing projects, intellectual property rights relevant for the Indian marketand its strong 300+ teamsize.

The acquiring entity, GREDHCL (Global Renewable Energy Development Holding Company Limited) is a fund based out of the Dubai International Financial Centre and subject to regulatory approvals, the sale is proposed to close in Q1-2021. EY acts as financial advisor to GREDHCL and Rothschild & Co acts as financial advisors to Senvion GmbH in this transaction.

Amit Kansal, CEO and MD of Senvion India, said: “Senvion India has been a key participant in the Indian Renewable spacesince its inception in 2016. Senvion aligned itself to the government goals of localization and Make-in-India at a very early stage and now makes more than 85% of its turbine parts in India thus generating local employment and innovations. Senvion firmly believes that Wind Power generation is critical in the energy mix to achieve the 450 GW of renewable power by 2030. Senvion India is committed to relentlessly work todevelop innovative technologies to attain the goals of delivering competitive wind power.”



About GREDHCL

GREDHCL is a DIFC-UAE based entity and its Promoters are seasoned professionals with decades of experience in energy infra sector. They own & manage multiple businesses in MENA, Europe, UK and Asiain the field of electrical manufacturing, project management & development and O&M services.

About Senvion India:

Senvion India has been operational since 2016 and has a fully operation factory in India. It has localized its turbines upto 85% thus creating Indian jobs and opportunity to ancillary industry related to wind power. Senvion recently installed its 130m rotor turbine which is one of the finest technology for Indian wind regime. Senvion also has a world class R&D center in India which will continue to develop new technologies for the market and its customers.


Our CEO & MD Mr. Amit Kansal is recognized as Most Promising Business Leader of Asia 2020-21 at The Economic Times Asian Business Leaders Conclave 2020.