Enel awarded 190-MW project in Indian wind power auction
Wind turbines. Source: European Commission (ec.europa.eu).
Italian energy group Enel SpA (BIT:ENEL) announced today it has won the right to ink a 25-year energy supply contract for a 190-MW wind farm in India’s recent wind power auction.
Enel took part in the bidding process through its Indian renewable energy subsidiary Enel Green Power India Private Ltd (EGP India). No details about the estimated investment on the project was given by the company.
The Italian energy group expects to commence operations of the plant, its second awarded in a local tender, in the second half of 2021. Once complete, the wind park will be generating over 700 GWh of electricity per year, enough to offset some 608,000 tonnes of carbon dioxide (CO2) emissions annually.
EGP India currently owns and operates 172 MW of wind power generating capacity in the states of Gujarat and Maharashtra. Last year, it secured 285 MW of wind in Gujarat, its first win in an Indian wind tender.