ArcelorMittal to buy Siemens Gamesas’s wind turbines for its Andhra project – EQ Mag
A unit of the international steel giant ArcelorMittal in India signed a contract to purchase wind turbines from Siemens Gamesa for a 166 MW project in Andhra Pradesh. A crucial boost to the nation’s steel industry’s decarbonization efforts will be given by the clean electricity generated, which will be used by one of ArcelorMittal’s steel factories there.
SG 3.6-145 wind turbines will be provided by Siemens Gamesa to AM Green Energy Private Ltd (AMGEPL), a joint venture between ArcelorMittal S.A. and ArcelorMittal Nippon Steel India Ltd (AM/NS India), according to the agreement. The wind project, according to Siemens Gamesa, will be a component of a 989 MW wind-solar hybrid renewable energy project by AMGEPL in the Kurnool region of Andhra. The energy-intensive steel sector may contribute to a greener future by making significant investments in renewable energy. The AM/NS India steel plant in Hazira,
Gujarat, will use the entire amount of power produced by the Kurnool wind farm. This will allow AM/NS India to meet 20% of its electricity needs from renewable sources while also lowering its carbon emissions by 1.5 million tonnes annually.
“This relationship with the second-largest steel manufacturer in the world creates a significant opportunity for India’s wind industry, particularly for the power-intensive steel industry, which is moving quickly to fulfil carbon emission targets. According to Navin Dewaji, CEO of the Asia Pacific area for Siemens Gamesa’s onshore division, “We are confident in completing this historic project, which will contribute to giving the state of Andhra Pradesh new renewable impetus.
“It is important to move quickly towards net zero goals for businesses and nations, and we are pleased to have started this path firmly in India. Amit Harlalka, Vice President, ArcelorMittal and CFO, AM/NS India, stated that our collaboration with Siemens Gamesa on this benchmark model project “demonstrates how establishing partnerships and collaborating across the supply chain can help us progress faster towards our decarbonisation targets.”
Beginning in the second quarter of the calendar year 2023, Siemens Gamesa will begin supplying wind turbines to this project in Kurnool. The turbines will be produced at Siemens Gamesa’s plants in India. The business operates nacelle and blade factories in Mamandur, Chennai, a centre for operations and maintenance in Red Hills, Andhra Pradesh, and a blade factory in Nellore, Andhra Pradesh. According to consulting firm Wood Mackenzie, Siemens Gamesa has been operating in India since 2009 and is currently the industry leader with a 40% market share and an installed base of more than 8 GW.
Source: PTI
