Lloyd set up a wind turbine manufacturing facility at Gujarat…

Fedders Lloyd Corporation (FLC), Delhi based cooling products manufacturer (set up by Mr. B. R. Punj), have announced its entry into the wind turbine component manufacturing by setting up a tower manufacturing facility in Gujarat.

 

Some brief on the facility:

• The facility will have initial production capacity of around 250 towers.
• Located at Jambsar, Bharuch District of Gujarat
• Investment – Rs. 200 Crs

 

As said by Nemichandra D Jain, Head, Wind Energy, FLC

“We shall roll out the first wind turbine tower from our Jambusar facility by this month end. In the first phase, we shall be producing 150 towers annually for wind turbines upto 3 MW from here,”

We believed that, this move of FLC was into the context of:

• According to industry, the Government of India (GoI) has set up an ambitious target of having 20,000 MW of installed wind generation capacity under the 12th Five Year Plan (2012-17), against the current installed capacity of 13,000 MW across the country.
• The production of wind turbine components is projected to triple over the next few years as India aims to have an installed capacity of 4,000 MW annually over the next five years to achieve the 12th Plan target of 20,000 MW, industry sources said.

According to FLC, considering the organised players into wind turbine component manufacturing in India and the projected demand, there would still be shortage of 1,200 towers annually.

The company is negotiating with a leading wind farm developer in US to jointly develop sites in India and South Africa and expects to seal a deal by June this year.

 

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