Tomahawk, WI 07/29/2014 (Basicsmedia) – General Electric Company (NYSE:GE) once again steps its feet over the Indian soil. A unit of the multinational organization is under an agreement to invest capital on three Indian wind farms. The American conglomerate is to invest on the generation of 126 mega watt of power capacity which will enrich the electricity deprived land. This project is under development by Atria Power Corp which is a Bangalore based power producing company.
Location of the wind farms
GE Energy Financial Services and Atria Power revealed that the project of 25.6 mega watt can be put into operation in September. The wind power project is installed at Anantapur, which is located in the state of Andhra Pradesh. The other two projects will be installed at Betul in the state of Madhya Pradesh. The capacity of this power project is 50 mega watts each. These are expected to be operational from the month of June in the following year.
Source of components and ancillaries
The project will be privileged with the turbines from GE, which manufactures them at Pune in Maharashtra. 76 mega watts of power turbines will be transported from Pune to the respective location of the wind farm. Other ancillaries will be provided by a manufacturer and supplier, whose identities are not revealed by the company.
Declaration from GE
GE financial service said that this was a part of strategy of the company to invest $1 billion worldwide in renewable power projects. The amount invested by GE in project from Atria is yet undisclosed. The commencement of the projects is on its verge of getting started which merely anticipates the documents to be completed. The combined 126 mega watts projects will support the Indian of new and renewable energy program for the generation of price competitive energy grid projects. Atria power specializes in low cost renewable energy projects that maximize output with a greater mechanical as well as thermal efficiency.