ReNew Power Limited completes commissioning of Phase 1 Wind project in Kutch

ReNew Power Limited, India's largest renewable energy IPP in terms of total energy generation capacity*, today announced the successful commissioning of Phase 1 (126 MW) of its 250 MW wind project located in Kutch district of Gujarat.

This project is part of India's first wind power reverse auction concluded by Solar Energy Corporation of India Limited (SECI) in February 2017 under the 1000 MW Inter-State Transmission System (ISTS). The power generated from this project will be supplied to the Northern and Eastern states of UP, Bihar, Jharkhand & Odisha using the ISTS network.

The 250MW wind power project was won at a tariff of 3.46 INR/unit by Ostro Kutch Wind Pvt. Ltd in April 2017, which, through an acquisition of Ostro Energy Private Limited and its portfolio of wind and solar energy projects became part of ReNew Power in March 2018. Sumant Sinha, Chairman, and Managing Director, ReNew Power Limited, said, "Renew Power is India's first renewable energy company to commission the first wind power project under ISTS scheme of SECI I wind auction.

This is indeed a memorable moment for all of us as this milestone was achieved well ahead of commissioning date and I want to thank all the stakeholders who supported us." Ostro Kutch Wind Pvt. Ltd, now a part of ReNew Power, awarded this 250MW turnkey project to Vestas Wind Technology India, which includes delivery, installation, and commissioning of 125 V110-2.0 MW turbines, as well as the project's BoP works (Civil & Electrical). The turbines will be serviced by Vestas via a 10-year service contract.

"Here at Vestas, we are very proud to be able to deliver phase 1 of this significant 250 MW Ostro Kutch project ahead of schedule given the challenges involved. This project milestone underlines the broad range of capabilities and experience we have, in turnkey projects across the globe" said Danny Nielsen, Chief Operating Officer of Vestas Asia Pacific. The phase 1 of the project was completed well ahead of the commissioning date.

It is important to mention the seamless guidance and support from MNRE, SECI, PGCIL, CEA, PTC, GEDA, WRLDC, NLDC, and Government of Gujarat to achieve this milestone. About ReNew Power ReNew Power Limited is India's largest renewable energy IPP (Independent Power Producer) in terms of total energy generation capacity*. As of May 8, 2018, ReNew had a total capacity of over 5.85 GW of wind and solar power assets across the country, comprising 3.92 GW of operational capacity, 1.66 GW of underdevelopment capacity, and 0.27 GW of recently awarded SECI project. It develops, builds owns and operates utility-scale wind and solar energy projects as well as distributed solar energy projects that generate energy for commercial and industrial customers.

Renew has a strong track record of organic and inorganic growth having nearly doubled its operational capacity in each of the last three Fiscal Years. ReNew's broad base of equity investors include Goldman Sachs, JERA, ADIA, CPPIB, GEF SACEF India, and ADB (subsequently exited).

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)