JSW Energy is moving further in renewable production. It will construct wind turbines blade units in Gujarat and Karnataka. This will enhance its position in clean energy supply chain in India.
The shift is reflected in the move towards being not only a source of power but a significant domestic manufacturer of its own which contributes to a rapidly expanding wind energy market.
The Karnataka facility will be bigger. It will contain three to four blade molds and produce around 400 to 500 blades every year. The Gujarat unit will be smaller with a production estimated of 300 blades annually. JSW Energy will also be able to supply its own demand as well as assist with wind projects in the country through these two plants.
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The runners of the blade units will be the JSW Neo Energy which is the renewable side of the company. This is after the expansion was based on a licensing deal with Sany Renewable Energy of China. That will enable JSW Neo Energy to produce wind turbine generators and major components in-country. The alliance is geared towards reducing reliance on imports and enhancing security of supply of big winds projects.
Industry-wise, this choice is made at a time when India is in need of more domestic production of clean energy. The construction of wind component facilities typically requires a large investment of tens of millions of dollars, depending on size and level of automation.
In the case of JSW Energy, the new units align with its general objective of increasing the capacity of renewables as it acquires the control of equipment supply. With the increasing number of wind installations, component in-house would reduce costs, accelerate projects and keep India economical in the renewable energy industry.
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