JSW to Set Up Wind Turbine Blade Manufacturing Unit in Karnataka
POWER & RENEWABLE ENERGY

JSW to Set Up Wind Turbine Blade Manufacturing Unit in Karnataka

JSW Energy, led by Sajjan Jindal, is planning to establish a wind turbine blade manufacturing unit in Karnataka. This plant is being set up for the company’s captive use, meaning it will manufacture blades primarily for its own wind energy projects, thereby reducing dependency on imports and ensuring a steady supply of wind turbine generators (WTGs). This move is expected to bring significant cost savings in renewable energy projects, which typically involve hefty investments—around $50 million—to assemble 400-500 turbines annually.

JSW operates its 12.5 million tonnes per annum steel manufacturing unit in Vijayanagar, Karnataka, where surplus land is available for the new WTG manufacturing facility. Additionally, the company runs a 225 MW solar power plant near Vijayanagar, primarily for the use of its steel plant. Earlier this year, JSW Renewable Technologies, a subsidiary of JSW Neo Energy, entered into a licensing agreement with China's Sany Renewable Energy for the production of 3.6 MW wind turbine generators in India.

Despite this partnership, JSW Energy has opted to procure 4 MW WTGs from Sany, and discussions about purchasing 5 MW turbines are currently in the preliminary stages. This development aligns with the growing demand for larger turbines, as many sites in India are more suited to 3-4 MW turbines, but constraints often push companies to choose larger units like 5 MW turbines.

JSW Energy, led by Sajjan Jindal, is planning to establish a wind turbine blade manufacturing unit in Karnataka. This plant is being set up for the company’s captive use, meaning it will manufacture blades primarily for its own wind energy projects, thereby reducing dependency on imports and ensuring a steady supply of wind turbine generators (WTGs). This move is expected to bring significant cost savings in renewable energy projects, which typically involve hefty investments—around $50 million—to assemble 400-500 turbines annually. JSW operates its 12.5 million tonnes per annum steel manufacturing unit in Vijayanagar, Karnataka, where surplus land is available for the new WTG manufacturing facility. Additionally, the company runs a 225 MW solar power plant near Vijayanagar, primarily for the use of its steel plant. Earlier this year, JSW Renewable Technologies, a subsidiary of JSW Neo Energy, entered into a licensing agreement with China's Sany Renewable Energy for the production of 3.6 MW wind turbine generators in India. Despite this partnership, JSW Energy has opted to procure 4 MW WTGs from Sany, and discussions about purchasing 5 MW turbines are currently in the preliminary stages. This development aligns with the growing demand for larger turbines, as many sites in India are more suited to 3-4 MW turbines, but constraints often push companies to choose larger units like 5 MW turbines.

Next Story
Infrastructure Transport

GMDA Plans New Bus Terminal near Millennium Metro Station

The GMDA is reportedly planning to develop a new bus terminal in Sector 29 to enhance the city's public transport infrastructure and improve connectivity for commuters. The metropolitan authority is expected to discuss the matter in an upcoming meeting with the Haryana chief secretary this week. It has been revealed that approximately three acres of land have been identified for the project. However, the land is currently held by the transport department, and the GMDA is seeking its transfer in order to proceed with the plan. If the GMDA's proposal is approved, the bus terminal will be locate..

Next Story
Infrastructure Urban

India, Norway Forge Ties, Plan to Launch Startup Bridge

Union Commerce and Industry Minister Piyush Goyal proposed on Sunday the launch of a startup bridge between Norway and India, as the two countries explored ways to strengthen their trade relations. Norwegian Ambassador to India, May-Elin Stener, suggested that the initiative could be launched during the Indo-Nordic summit next year. While addressing the India-Norway Business Forum, organised by the Confederation of Indian Industry (CII) in collaboration with the Department for Promotion of Industry and Internal Trade (DPIIT), Goyal committed to working collectively with the relevant ministrie..

Next Story
Infrastructure Urban

PLI Schemes Have Led To Investments of Over Rs 1.25 Trillion

Prime Minister Narendra Modi stated on Monday that India's Production Linked Incentive (PLI) schemes have attracted investments of over Rs 1.25 trillion. While speaking at the Rising Rajasthan Global Investment Summit 2024, he highlighted that the role of the PLI scheme in boosting manufacturing in India is growing. PM Modi mentioned that there is considerable enthusiasm in sectors such as electronics, specialty steel, automobiles and auto components, solar, and pharmaceuticals. He further noted that investments of approximately Rs 1.25 trillion have been made due to the PLI scheme, with prod..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000