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ArcelorMittal to buy Siemens Gamesas's wind turbines for its Andhra project
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IANS | 12 Apr, 2023
Global steel major ArcelorMittal's Indian subsidiary had inked an
agreement with wind turbine major Siemens Gamesa to source wind turbines
for its 166 MW project in Andhra Pradesh.
The clean
electricity produced will be used by one of ArcelorMittal's steel plants
in India, providing a much-needed boost to the industry's
decarbonisation efforts in the country.
According to Siemens
Gamesa, it has signed the deal to supply 46 SG 3.6-145 wind turbines to
AM Green Energy Private Ltd (AMGEPL), a joint venture of ArcelorMittal
S.A. and ArcelorMittal Nippon Steel India Ltd (AM/NS India).
The
wind project will form part of a 989-MW wind-solar hybrid renewable
energy project by AMGEPL in Kurnool district of Andhra, said Siemens
Gamesa.
Large-scale renewable energy investments by the
power-intensive steel industry will help reduce carbon emissions and
drive a cleaner future.
The total power generated from the
Kurnool wind farm will be used by the AM/NS India steel plant located at
Hazira, in Gujarat, and will enable AM/NS India to meet 20 per cent of
its electricity needs from renewable resources, while helping to reduce
its carbon emissions by 1.5 million tons each year.
"This
partnership with the world's second largest steel producer opens up a
huge opportunity for the wind industry in India, especially for the
power-intensive steel industry which is fast-tracking its efforts to
meet carbon emissions goals. We are confident in delivering this
landmark project that will help give fresh renewable momentum to the
state of Andhra Pradesh," said Navin Dewaji, CEO of the Asia Pacific
region for Siemens Gamesa's onshore business.
"Large amounts of
clean energy are required to accelerate to net zero goals of
corporations and countries, and we are happy to have embarked on this
journey emphatically in India. Our partnership with Siemens Gamesa for
this benchmark model project demonstrates how establishing partnerships
and collaborating across the supply chain can help us progress faster
towards our decarbonisation targets," said Amit Harlalka, Vice
President, ArcelorMittal and CFO, AM/NS India.
The supply of wind
turbines to this project in Kurnool will commence in the second quarter
of calendar year 2023 and the turbines will be manufactured at Siemens
Gamesa's plants in India.
The company has a blade factory in
Nellore (Andhra Pradesh), a nacelle factory in Mamandur (Chennai), and
an operations and maintenance center in Red Hills (Chennai).
Siemens
Gamesa has operated in India since 2009 and is currently the market
leader with a 40 per cent market share and an installed base of over 8
GW, according to consultancy Wood Mackenzie.
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