UPDATE 1-Spain's Gamesa unit gets $2 bln Caparo order in India

martes 17 de mayo de 2011 14:31 CEST

* Order to supply, commission 2,000 MW of turbine capacity

* Deal to start in 2012, to be spread over six years

* Gamesa to service deal from new capacities in India

* Caparo to raise funds for 600 MW wind assets "soon" (Adds quotes, details, background)

MUMBAI, May 17 (Reuters) - Spanish wind turbine maker Gamesa's Indian unit said on Tuesday it has secured an order worth about $2 billion from Caparo Energy's Indian unit to supply and commission 2,000 megawatts of turbine capacity to be set up in the country.

The deal, which will commence in 2012 with about 150 MW during the first phase, will be spread over the next six years, the companies said in a statement.

AIM-listed Caparo plans to raise funds to develop wind assets worth 600 MW in India "soon," its Chief Executive Ravi Kailas said, but declined to give a specific timeline.

"This agreement with Gamesa will be a significant step in meeting the long-term development goals of our company," he said. Caparo aims to develop wind farms of up to 5,000 MW capacity in India by 2017, according to the firm's website.

In January, Caparo had signed an order worth about $1.28 billion for 1,000 MW of wind power projects with India's Suzlon Energy . [ID:nSGE70R02H]   Continuación...