ENGIE just won a 200 MW wind project in the State of Tamil Nadu, in India, in addition to another 50 MW wind project that had been won in that State last month. Earlier this year, ENGIE had marked its first success in wind in India with a 30 MW project to be developed in Gujarat State1. All these successes bring a total of 1 GW of renewable energy generation capacities in India for ENGIE, installed or being built.
For the 200 MW onshore wind project, ENGIE proposed a tariff of INR 2.51/kWh (~USD 39/MWh) for a 25-year power purchase agreement. This project is part of a 2,000 MW wind tender floated by Solar Energy Corporation of India (SECI).
Sébastien Arbola, CEO of ENGIE Middle East, South & Central Asia and Turkey, declared: “We are very proud of our numerous successes in India in wind, but also in solar PV as for example the Mirzapur solar power plant we inaugurated a few weeks ago with French President Macron, Indian Prime Minister Modi and ENGIE CEO Isabelle Kocher. ENGIE is committed to help the Indian Government to reach its ambition to promote the development of renewable electricity and to increase the share of renewables in the energy mix. All these projects are also a significant achievement of our commitment to build harmonious progress in the country and all over the world”.
Present for over two decades in India, ENGIE has an installed capacity of 810 MWp2 in solar and a capacity of 280 MW in wind (being built). It employs around 1,000 people in power generation as well as in engineering and energy services.
The ENGIE Group is currently the largest independent electricity producer in the world. Renewable energy represents 23% of its global generation capacity (24 GW out of 102.7 GW, end of 2017), and its objective is to commission 14 GW of additional renewable capacity by 2022.
1To know more about the recent successes of ENGIE in India, visit our latest press release by clicking here.
2 MWc : mégawatt-crête, puissance maximale du parc.
ENGIE is committed to take on the major challenges of the energy revolution, towards a more decarbonised, decentralised and digitized world. The Group aims to becoming the leader of this new energy world by focusing on three key activities for the future: low carbon generation in particular from natural gas and renewable energies, energy infrastructures and efficient solutions adapted to all its clients’ needs (individuals, businesses, territories, etc.). The customers’ satisfaction, innovation and digital are at the heart of ENGIE’s development. ENGIE is active in around 70 countries, employs 150,000 people worldwide and achieved revenues of €65 billion in 2017. The Group is listed on the Paris and Brussels stock exchanges (ENGI) and is represented in the main financial indices (CAC 40, BEL 20, DJ Euro Stoxx 50, Euronext 100, FTSE Eurotop 100, MSCI Europe) and non-financial indices (DJSI World, DJSI Europe and Euronext Vigeo Eiris - World 120, Eurozone 120, Europe 120, France 20, CAC 40 Governance). To learn more : www.engie.com