The companies signed a contract this week during a visit by Chinese Premier Wen Jiabao to New Delhi, KSK Energy said in an e-mailed statement.
The Hyderabad-based company plans to increase its wind power capacity almost six-fold to 300 megawatts by 2011 from 52 megawatts currently. The company, a unit of London-listed KSK Power Ventur Plc, is also looking at opportunities to develop offshore wind farms, it said.
Its 18.9-megawatt wind farm in the southern state of Tamil Nadu will be completed “shortly,” it said. The company is also obtaining permits for a 50-megawatt project in Andhra Pradesh and land for 250 megawatts of capacity in Karnataka.
To contact the reporter on this story: Natalie Obiko Pearson in Mumbai at firstname.lastname@example.org.
To contact the editor responsible for this story: Reed Landberg at email@example.com.