Wind farm in India. Author: Yahoo. License: Creative Commons, Attribution 2.0 Generic
Indian wind turbine maker Inox Wind Ltd (BOM:539083) has agreed to co-develop a 3-MW machine for its home market with technology partner AMSC (NASDAQ:AMSC).
Also, Inox Wind has entered into a licensing agreement to buy from the US wind and grid technology company the rights to manufacture 2-MW electronic control systems in-house in India. Currently, the firm imports this “critical” wind turbine component from AMSC.
This deal will provide the company with “overarching long-term benefits” and will further beef up its control over the supply chain, Inox Wind director Devansh Jain commented in a statement.
As per the 3-MW turbine, it will eventually extend the company’s product offerings at home. At present, Inox Wind offers 2-MW machines with multiple blade and tower variants.
Inox Wind’s current wind turbine production capacity amounts to 1.6 GW, after the company commissioned a 800-MW blade factory in Madhya Pradesh last month. It also has a factory for blades and tubular towers in Gujarat and a hubs and nacelles production facility in Himachal Pradesh.