NEPC Set To Export Wind Turbines To Bangladesh
CHENNAI, MARCH 9: NEPC India Ltd is finalising plans to export wind turbines to Bangladesh. Bangladesh is planning to install 100-mw wind power capacity in the next three years.
For the initial installation and as demonstrating projects, Bangladesh has placed orders for four 225-kw wind turbines with NEPC, according to its vice-chairman, Mr Rajkumar Khemka.
“We will export these machines to Bangladesh next month. We hope to bag more orders and participate actively in the wind power development plans of Bangladesh,” Mr Khemka told FE.
NEPC has also floated a 50:50 joint venture company in Kazakhstan, Turkesthanenergo-NEPC, to develop a 100-mw wind farm there in partnership with the Kazak government.
It is also in the process of setting up another joint venture company in Tanzania, a Central African country, Tanzania Wind Power Company Ltd. NEPC will have 33 per cent stake in this company for putting up 100 mw wind mills during the next two years. Investment details for these projects are being worked out, Mr Khemka said.
It has also got orders from Kenya and the United Arab Emirates (UAE). The company has been performing well on the home turf also. “We hope to conclude this financial year with wind turbine sales of over Rs 200 crore,” Mr Khemka said. The company, which has most of its projects in Tamil Nadu, has been in talks with investors in Karnataka, Gujarat and Rajasthan too.