Tuesday 29 July 2014

General Electric invests in three Indian wind farms

A unit of General Electric (GE) has invested in three wind farms in India, with a total capacity of 126MW.

The first 25.6MW wind farm, located in the state of Andhra Pradesh, is expected to be competed in September this year.

The two other wind projects, which have a capacity of 50MW each, are located in Madhya Pradesh and are scheduled to be completed by next June.

GE Energy Financial Services said the company will deliver 76MW of turbines for the wind farms, which are currently being developed by Atria Power.

GE made its debut investment in the Indian solar industry earlier this year.