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With a decade of expertise in design and manufacturing, The Company, part of the Extol Group, specializes in developing highly efficient mega-watt wind turbines. Backed by technocrats and substantial assets worth over 180 million USD, we focus on establishing wind farms across India, supporting sustainable energy goals. Our innovative gearless design, certified by GL, ensures robustness and low maintenance. Currently, we are expanding our market share with significant projects underway, including a 25 MW wind farm, positioning us at the forefront of the renewable energy sector.
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The Company • In the field of design for last 10 years • Promoted by Technocrats with rich industry experience • Part of large business house, Extol Group of Companies • Company Standing • Group owned assets worth 180 M USD • Soft Asset of technology and Design worth 500 M USD • Located in the heart of Generator manufacturing
The Business • Manufacturer of Mega Watt Series Wind Turbines • Establish Wind Farms across India • Design License to Large Scale Manufacturers across the Globe • Independent Power Producer
Status • CWET testing under way • Serial production started for 1 MW machines • Manufacturing capacity of 50 MW P.A. • GL approved for Design • Wind farms under construction across three states
Strengths - Design • Highly efficient Gearless (Direct Drive) design • Certification by world leader Germanaisher LLyod(GL) • Robust and advance design confirming to latest GL 2010 guidelines • First Turbine designed by Indian company as per Indian climate conditions • Permanent magnet generator for improved generation • DU profile blades for better performance in Low wind • Compact design to reduce maintenance
Strengths - Manufacturing • Manufacturing capacity of 50 MW • Few outsourced components • In-house manufacturing of Blades with high strength Epoxy to give sustained profile in dusty weather • In-house manufacturing of high efficiency permanent magnet generator • In-house manufacturing of tower, Nacelle, and Spinner cover
Strengths – Quality • Tie up with World’s best suppliers • Momentive, Germany • Bonfigloli, Italy • MitaTecnik, Denmark • Ingeteam, Spain • Bakker Magnetic, Netherlands • Quality process as per international GL IPE and ISO
Strength - Performance • Variable speed design gives more power at same wind speed • Elimination of gear box eliminates its losses • Self start results in extra PLF during grid shutdown • Full converter saves utility deductions for low power quality • Minimal maintenance reduces down time
Opportunities • Fast growing Market Share: One amongst the two gearless permanent magnet direct drive machines in India • Access to export market with a Global License for 1 MW Turbine • Technology transfer market potential of USD 1B • High IRR for IPP’s : Low costing on account of in-house design and component manufacturing
The Proposition • 25 MW Wind farm underway at Ratlam (MP) • Regulatory approval for substation, grid, land in place for Ph I of 5mw • PPA under way • Land development and foundation completed • Ready Grid connectivity • 2 mw Turbine under dispatch, 3 mw in pipeline