The Indian subsidiary of wind turbine maker Gamesa recently sold 12 850 kw wind turbines, a total of 10.2 MW in installed capacity, to a new, local wind farm project run by Pawan Danavi. The wind turbines are to be delivered by the third quarter of 2011 and will be installed in Kalpitiya, with a 20-year power purchase agreement with the Ceylon Electricity Board being already in place.
According to a Gamesa statement, "this partnership with Pawan Danavi aims at facilitating Sri Lanka’s wind market growth in a significant way." Also noted, this is the second project by Gamesa in Sri Lanka, with the first still its largest at 25 wind turbines. Gamesa also noted that its total installed capacity in Sri Lanka would increase to 30.2 MW by the end of 2011.
Gamesa also said that Pawan Danavi is backed by LTL Holdings, a company with a local thermal power generation capacity exceeding 450MW, as well as partners LVL Energy Fund and Capital Development and Investment Company (CDIC). The former being a subsidiary of Lanka Venures and the latter NDB Bank.