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Suzlon secures 105 MW order from Axis Energy Group

06 Jan 2017 Evaluate

Suzlon Group, one of the leading global renewable energy solutions providers in the world, has received an order of 105 MW wind power project from Hyderabad based Axis Energy Group. Axis Energy Ventures India is the flag ship company of the Axis Energy Group and the project is being undertaken by a Special Purpose Vehicle - Axis Wind Farms (Anantapur). The project consists of 50 units of S111 90m tubular tower with rated capacity of 2.1 MW. Located in Anantapur district of Andhra Pradesh, the project is scheduled for completion in two phases, first phase will be completed in March 2017 and the second phase will be completed in June 2017.

Suzlon has entered into an exclusive Supply and Installation Agreement (SIA). Suzlon will also be responsible for operation and maintenance services with dedicated Life cycle asset management services for an initial period of 10 years. The project has the potential to provide power to over 50,000 households and reduce 0.22 million tonnes of C02 emissions per annum.

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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