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December 26, 2023O2 Power Awards 121 MW Order to Senvion
12th October 2023, Mumbai: Senvion Wind Technology Pvt. Ltd. (Senvion India), a leading manufacturer of wind turbines, has been awarded an order by O2 Power Pvt. Ltd for the 2.7MW M130 turbines, totalling 121.5 MW. Deliveries will begin in Q4 of 2023, with majority capacity of the projects to be commissioned by Q1 of 2024 and the balance by Q2 of 2024.
Senvion India's M130 turbines are known for their high efficiency and dependable performance, making them a popular choice in the wind energy industry. The company's proficiency in supplying, installing, and commissioning ensures smooth project execution and minimal downtime for our clients. Furthermore, Senvion India's turbines are equipped with advanced monitoring and control systems, allowing for real-time data analysis and proactive maintenance, further enhancing the overall performance and reliability of the windfarm.
Senvion India's competitive product, which boasts a high level of indigenization, technical strength, and quality, played a crucial role in securing the contract for the 2.7 MW M130 turbines. The scope of the project encompasses supply, installation, and commissioning, with a total of 45 machines set to harness energy at an impressive height of 130 metres.
With this order, Senvion India further strengthens its presence in the Indian market and will significantly contribute to the country's renewable energy goals.
The order also includes a multi-year Fleet-ProTM O&M contract, which is Senvion's comprehensive maintenance package for its deployed turbines. Fleet-Pro provides a highquality digital interface with turbines, on-line prognosis and diagnosis, and rapid support to help wind farms fulfil their full potential.
Parag Sharma, CEO & Co-Founder of O2 Powersaid: "Wind portfolio expansion is a crucial aspect in O2 Power's growth strategy. Senvion India's 2MW+ series wind turbine generators, with their enhanced capacity, efficiency, and cutting-edge design, represents a critical technological choice towards the furthering of our wind goals. They are perfectly suited to maximize energy production in the varied wind conditions of the states we have shortlisted. Our investment in state-of-the-art wind technology is a testament to our determination to drive positive change in the energy sector and make India energy secure and self-sufficient.”
Rakesh Garg, Head of Wind and Co-Founder of O2 Power, said: "Wind is a fast-moving sector segment for us. We are actively seeking robust and enduring partnerships that will not only facilitate our wind-strategy expansion but will also establish solid foundations for sustained growth. Our partnership with Senvion India for two of our wind projects, is founded on the belief that the Senvion team will facilitate the rapid deployment and seamless commissioning of these projects. We look forward to collaborating with them and drive our shared vision for a sustainable future.
Amit Kansal, M.D., and C.E.O., Senvion India,said:" We are proud to collaborate with O2 Power on these projects to supply Senvion turbines. These two contracts are a testimonial to our shared vision of sustainability and further accelerate the Indian energy transition. We thank the O2 Power management for placing their trust in Senvion technology, and we shall end eavour to deliver the finest wind farms to O2 Power."
Jamal Wadi, Chairman of Senvion India and President, Alfanar Projects, and Managing Director, Alfanar Global Development,sums it up: "This partnership between O2 Power and Senvion India highlights the increasing demand for reliable and efficient wind energy solutions in India. With Senvion India's advanced technology and track record of delivering successful projects, we are well-positioned to lead the market as the preferred original equipment manufacturer (OEM) for wind technology. This collaboration will not only contribute to India's renewable energy goals but also drive economic growth and job creation in the sector.
About Senvion India:
Senvion India has been present in India since 2016. Since its establishment, Senvion India has been actively involved in the development and installation of wind energy projects across the country. With a strong focus on innovation and sustainability, Senvion India has played a crucial role in promoting clean energy solutions and supporting India's transition towards a greener future. Senvion India has fully operational factories in India to meet indigenous demand. It has localised its turbines up to 85%, thereby creating employment and other opportunities for the Indian market. Senvion India has successfully installed its 120- and 130-metre rotor turbines in India, which are some of the finest technologies for the Indian wind regime. Senvion India also has a world-class R&D centre in India, which will continue to develop new technologies to meet market demand. Senvion India was fully acquired by Alfanar Group. Its 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 O2 Power:
O2 Power Private Limited is an Indian renewable energy platform that EQT Infrastructure and Temasek own. It aims to establish 4+ GW of renewable energy assets through utility-scale and C&I projects in India with a total equity commitment of up to US$ 500 million. O2 Power aims to scale up to a sizeable portfolio capacity with good-quality off-takers, including greenfield projects and selective M&A. In a little more than three years, it has built a pipeline of 2.5+ GW of renewable energy assets that is diversified across off-takers and spreads across major states of India, serving both commercial and industrial customers. On a strong growth trajectory with a solid foundation, O2 Power has thereby secured its rightful place amongst its energy industry peers as one of the fastest-growing renewable energy organisations in the country.