JSW Energy to establish wind turbine blade factory in Karnataka, India
26 November 2024JSW Energy plans to establish a wind turbine blade manufacturing unit in Karnataka, India for its sole use, as reported by the Economic Times.
The move will reduce reliance on imports and ensure a steady supply of wind turbine generators (WTGs), with potential cost savings on renewable projects.
The proposed facility, which will cater exclusively to JSW Energy’s requirements, represents a strategic move to consolidate the company’s position in the renewable energy sector.
Starting up a factory to assemble between 400 and 500 turbines annually requires an investment of around $50m.
Located in Vijayanagar, Karnataka, JSW Energy operates a steel manufacturing facility with an annual capacity of 12.5 million tonnes.
The company has identified surplus land adjacent to its operations for the new WTG manufacturing unit.
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