MoneyWorks4Me

Suzlon group receives 90MW order from ReNew Power

13 May 2015 Evaluate

Suzlon Group, one of the leading wind turbine manufacturer, has won new order for 90MW turnkey project from its existing customer, ReNew Power. ReNew Power is one of India's largest Independent Power Producers (IPPs), with clean energy assets of more than 1000 MW of commissioned and under-construction projects. Suzlon will install its revolutionary 597 120m Hybrid Tower WTGs (wind turbine generator) with rated capacity of 2.1MW in Ratlam district, Madhya Pradesh (MP). Suzlon will install 29 WTGs at the site Kode and 14 WTGs at Limbwas site in Ratlam district. The project is scheduled for commissioning by March 2016.

The new order of 90 MW from ReNew Power being a repeat order reaffirms industry's faith in Suzlon's product portfolio and service capabilities. Suzlon has commissioned 98.70 MW for ReNew Power so far and 100.80 MW is currently under execution in Rajasthan.

Peers
Company Name CMP
Waaree Energies 2342.00
Apar Industries 18105.85
Havells India 1052.00
Suzlon Energy 38.94
Siemens 3707.40
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