MoneyWorks4Me

Suzlon bags repeat turnkey 132 MW order from ReNew Power

17 Aug 2016 Evaluate

Suzlon Group, one of the leading renewable energy solutions providers in the world, has been issued repeat order from ReNew Power Ventures, India’s leading renewable energy Independent Power Producer. The order comprises 48 units of S97 120m Hybrid Tower and 15 units of S97 90m tubular tower with a rated capacity of 2.1 MW each. The project is capable of providing power to over 70,000 households and reducing 0.28 million tonnes of CO2 emissions per annum.

Suzlon will provide a comprehensive range of services and dedicated life cycle asset management services for an initial period of 12 years. The project will be located in two sites, Elutalla and Veerbhadra sites in the Ananthpur district of Andhra Pradesh and is scheduled to be completed by March 2017.

With this order, Suzlon’s portfolio with ReNew Power would exceed 500 MW (510.30 MW) spanning across the states of Gujarat, Rajasthan, Maharashtra, Madhya Pradesh and Andhra Pradesh.


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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