KSK Energy Plans to Buy Wind Turbines From China's Dongfang Electric

KSK Energy Ventures Ltd., an Indian power project developer, plans to buy 250 megawatts of wind turbines from China’s Dongfang Electric Corp. to use at its wind farms.

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 npearson7@bloomberg.net.

To contact the editor responsible for this story: Reed Landberg at landberg@bloomberg.net.

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