Copenhagen: Danish wind turbine manufacturer Vestas Wind Systems said on Wednesday it had received a 46 megawatt turbine order for a wind project in India.
The order was for 23 units of the V110-2.0 MW turbine for a wind farm project in the Indian state of Karnataka, Vestas said in a press release on its website.
The contract includes delivery, installation and commissioning of the wind turbines, as well as a 15-year service agreement, Vestas said. Installation of the turbines as well as commissioning was expected during the second quarter 2016.
In general, wind turbine orders give Vestas revenue of around 0.86 million euros per megawatt on average.
Wind turbine orders with a value above 500 million Danish crowns ($73 million) are disclosed by Vestas as stock exchange announcements, while smaller ones are published as press releases on its website.
($1 = 6.8216 Danish crowns)
Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.
