MoneyWorks4Me

Suzlon bags 58.80 MW repeat turnkey order from leading Independent Power Producer

21 Jul 2016 Evaluate

Suzlon Group, one of the leading global renewable energy solution providers, has won a repeat order from leading Independent Power Producer (IPP) for a 58.80 MW capacity wind power project in Madhya Pradesh, in India. The project comprises of 28 units of S97-120 m hybrid towers with rated capacity of 2.1 MW each and is scheduled for completion by March 2017.

Suzlon will be responsible for the entire project lifecycle which includes wind turbine supply, construction and commissioning as well as operations, maintenance and services of the project for a period of 12 years. The project is capable of powering 32,000 households and reducing 0.12 million tonnes of C02 emissions per annum. The S97 120m hybrid tower is a combination of the lattice and tubular towers wind turbine generator (WTG) with increased stability and reduced cost. It enables higher generation from low wind sites and yields higher return-on-investment to customers.

Suzlon Group is one of the leading renewable energy solutions providers in the world with an international presence across 19 countries in Asia, Australia, Europe, Africa and North and South America.

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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