Dongfang Electric to install 28,000MW in India

Dongfang Electric will install 28,000 MW in India in the next four to five years.

The company, which recently established an Indian subsidiary Dongfang Electric India Ltd in Kolkata, for sales and support services, said the order implementation could see investment of over $2 billion per annum.

The management’s outlined plans includes the possibility of further engagement in the areas of renewable energy — wind power and hydel, nuclear power, while focussing on supply of power equipment.

The Chairman of publicly listed Dongfang Electric, Mr Si Zefu, said the Indian power sector has transformed over the last four-five years and has now embarked on a major growth path with private sector participation.

According to reports by Hindu Business Line, the company has changed its initial focus from being an EPC contractor for Indian power companies to an equipment supplier. This change was necessitated as several Indian companies now have the capability to offer EPC services.

“In addition, issue of visas to workers and any delays could potentially delay project implementation leading to slippage of deadlines. Therefore, we consciously decided to focus on equipment supplies. The orders are from JSW Energy, Lanco Infratech, East Coast Energy, some Government-managed companies and few others. We are keen to work on the ultra mega power projects,” he said.