India Becomes Senvion’s New Core Market

Business & Finance

Senvion, a manufacturer of onshore and offshore wind turbines, is starting operations in India as of 22 February with former Commercial Country Manager at Vestas India, Amit Kansal, leading the Senvion office in Delhi as CEO and Managing Director.

Photo: Senvion GmbH (Senvion 6.2M126, a predecessor of 6.2M152, at Nordsee Ost)

Jürgen Geissinger, CEO of Senvion, said: “India is a market where Senvion can offer the right products and services as well as the dedication and flexibility that is needed. With our new team, led by the highly experienced Amit Kansal, I am confident about introducing Senvion to the Indian market.”

In addition to the Senvion R&D Center in Bengaluru that supports Senvion’s global TechCenter in Osterrönfeld, Germany, Senvion India Ltd will focus on providing high-quality wind energy solutions for Indian wind sites, the company said.

Amit Kansal, CEO and Managing Director of Senvion India, said: “Given the strong initiative by Indian Government on renewable energy, it is exactly the right time for Senvion to enter the Indian market.”

In September 2015, India set up a National Offshore Wind Energy Policy, paving the way for offshore wind energy development. Along with the new policy in place, the country teamed up with Belgium and the UK to cooperate on renewable energy, and started working towards developing its offshore wind industry.

The first tendering process for the development of offshore wind projects in India is expected to start in early 2018.

“India has huge potential in wind power. What this market needs is an agile and fresh-minded company that is willing and able to apply new approaches and adapt to these needs. Senvion will begin in India as a start-up with exactly these qualities and with a parent company with long-standing experience and solid R&D that is able to strengthen and back up its operation. I am very much looking forward to this mission,” Kansal added.

In early 2015, Senvion was acquired by funds advised by the investment firms Centerbridge Partners and Arpwood Partners and has since embarked on a transformation plan that includes increased investment into research and development for product development, and further global expansion.

In March 2015, Senvion completed the commissioning and initial test phase of the prototype of its largest offshore wind turbine, the Senvion 6.2M152.