Envision Energy to Supply 100 Turbines for Karnataka Wind Project

By By Rediff Money Desk, NEWDELHI
Jan 08, 2024 15:22
Envision Energy will provide 100 turbines for a 300-MW offshore wind project in Karnataka, India, in partnership with Copenhagen Infrastructure Partners (CIP) and Viviid Renewables.
New Delhi, Jan 8 (PTI) Envision Energy on Monday said it will supply around 100 turbines of 3.3 MW for a 300-MW offshore wind project coming up in Karnataka.

The project will be set up by investment fund Copenhagen Infrastructure Partners (CIP) for Viviid Renewables (Viviid) in the southern state under a partnership, Envision Energy said.

"CIP has signed a turbine supply agreement for the EN 156 3.3 MW turbines with Envision Wind Power Technologies India. Viviid will provide balance-of-plant works and services and hold minority ownership in the project," it said.

In the statement, Envision Energy did not disclose any financial information with respect to the project.

Envision will supply turbines in the range of 95-100 for the project expected to be completed by end of 2025.

"We look forward to continuing the successful collaboration and realizing these projects which contribute to local growth and job creation while delivering attractive returns for our fund investors," Peter Sjøntoft, Associate Partner in CIP, said.
Kane Xu, Global Vice President of Envision Energy and Chairman of Envision Energy India, said, "It has become imperative for us to collaborate and accelerate green energy transition to avert the climate crisis. This partnership is a testament to our long-term commitment in solving the challenges for a sustainable future. Together, we can develop reliable renewable energy solutions in India."

Denmark-based Copenhagen Infrastructure Partners (CIP) is the world's largest dedicated fund manager within greenfield renewable energy investments and a global leader in offshore wind.

Envision Energy is a leading company, designing, manufacturing and operating smart wind turbines and energy storage systems, also providing green hydrogen solutions.
Read More On:
indiarenewable energywind energykarnatakaenergy storageenvision energyoffshore windturbinescopenhagen infrastructure partnersviviid renewablescip
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.

You May Like To Read

MORE NEWS

Plastic Parks in Karnataka: Mangaluru & Vijayapura

Karnataka to develop plastic parks in Mangaluru & Vijayapura. Aiming to boost the...

Indian Winter Travel: Goa, Kerala Top Destinations

55% of Indians plan winter trips! Goa & Kerala are top choices. Discover travel trends,...

Bullion Rates Today: Gold & Silver Prices

Check the closing bullion rates for today. Find the latest gold prices (22Kt & 24Kt)...

TN Economic Growth Boosted by Infra Projects

Minister Thangam Thennarasu credits infrastructure projects for Tamil Nadu''s...

I-T Dept Sends SMS for Bogus Donation Claims

Income Tax dept sends SMS/emails regarding wrongful deduction claims for political...

Himachal Orchardist Duped: Police Issues Advisory

Himachal orchardist loses Rs 36 lakhs to online trading fraud. Police issue advisory on...

Shivganga Drillers IPO: Files Papers with Sebi

Shivganga Drillers files papers with Sebi for Rs 400-cr IPO. Funds to be used for plant...

Markets Closed in Bengaluru, Mangaluru Today

Bengaluru, Mangaluru markets closed today due to government holiday. Areca, coconut,...

India-Mexico Trade: Tariff Hike Concerns

India engages with Mexico over unilateral tariff hikes. Exploring solutions, FTA talks,...

TVS Tech Centre Opens in Assam

TVS Credit tech centre inaugurated in Assam by CM Sarma. Centre to train youth in AI,...

Read More »

Sectoral Indices Market Indicators Listed Companies Gainers Losers Mutual Funds Portfolio Watchlist
© 2025 Rediff.com