GE Vernova Signs Agreement to Supply 51.3 MW of Wind Power to Powerica Limited in Gujarat, India

Powerica Limited, a prominent player in both the Independent Power Producer (IPP) and Engineering Procurement and Construction (EPC) segments of the wind industry with a pan-India wind energy portfolio of 280 MW, has selected to install 19 GE Vernova 2.7 MW -132 wind turbine generators (WTGs) at its 51.3 MW project at Devbhumi Dwarka, Gujarat (“Project”). The Project will be covered under the SECI XVI tranche. The Project, which reflects India’s growing interest in bringing online more renewable energy, is expected to both benefit the local community and contribute to India’s renewable portfolio.

Current plans expect the WTGs for the Project, which was booked in the second quarter of 2024, to be supplied starting in November 2024.

Mr. Bharat Oberoi, Joint Managing Director, Powerica Limited said: "We are pleased to utilize GE Vernova WTGs for our third consecutive Project in the state of Gujarat. The WTGs, designed for high performance and reliability, are expected to generate about 160 million units of power annually. This Project will generate enough energy to power the equivalent of thousands of homes and contribute to the adoption of renewable energy across the country.”

Mr. Deepak Maloo, General Manager of GE Vernova’s Onshore Wind business in Asia Pacific, said: “We are pleased to work with Powerica Limited on their Project at Devbhumi Dwarka, Gujarat. We value our historical relationship and are proud to again be working with them to supply renewable energy. Our GE Vernova 2.7 MW workhorse WTGs are ideally suited to help Powerica Limited meet their ambitious clean energy goals.”

Note:

The agreement has been signed between Powerica Limited and legal entity GE India Industrial Private Limited.

Powerica | https://www.powericaltd.com/

GE Vernova | https://www.gevernova.com/