IBEF: December 31, 2019
Inox Wind entered into an agreement with Continuum Power Trading (TN) Pvt Ltd to supply, erect and commission 250 mw wind power projects in Gujarat.
"Inox Wind... has signed a term sheet with Continuum Power Trading (TN) Pvt Ltd, part of Continuum Wind Energy group, to supply, erect and commission 250 MW of wind power projects (in two phases of 126 MW and 124 MW) comprising of a mix of 2 MW (113 metre rotor diameter turbine combined with 92 metre hub height) and 3 MW (145 metre rotor diameter turbine combined with 120metre hub height) turbines," the company said in a filing to BSE.
The first phase of 126 mw of the project is planned to be commissioned by the third quarter of FY21 at Dayapar in Bhuj district, Gujarat. Project will be implemented on a turnkey project basis.
According to the agreement between the two, Inox Wind will offer end-to-end solutions to Continuum Power. These will include the solutions from development and construction to commissioning and providing long-term operations and maintenance services.
"Common infrastructure such as 220 KV pooling substation at Dayapar, 220 KV bay at Power Grid Corporation Of India Limited (PGCIL) Nirona End, 220 KV transmission line for 72 km is ready and the project will be executed on a plug-and-play basis," the company said.
Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.