Gamesa, Caparo sign agreement

Gamesa, Caparo sign agreement

This contract entails supply, erection and commissioning of turbines for 2,000 MW over the next five years, starting with around 150 MW in the first phase of the agreement commencing in Q4 2011-12.

The agreement is part of Caparo Energy’s long term strategy to secure its supply of turbines at a preferential pricing. Deliveries are expected to commence by Q4 2011-12.