SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Suzlon Group’s arm inks EPC contract with Mitsui & Co

28 Nov 2013 Evaluate

Suzlon Group-subsidiary REpower Systems SE has concluded an Engineering, Procurement and Construction (EPC) contract with Mitsui & Co (Australia) to deliver 52 wind turbines with a total rated output of 106.6 megawatt (MW) for the Bald Hills windfarm in Victoria, Australia.

The contract is combined with a service contract for the next 10 years, with a further five-year option. It is the first contract for REpower with Mitsui & Co, and marks the largest EPC contract, commonly referred to as a full-turnkey contract for REpower in Australia to date. The turbines are to be delivered in Q2 2014 and to be commissioned in Q2 2015. They are expected to produce up to 380,000 MW of electricity per year, enough to power over 62,000 homes.

The REpower MM92 turbines, each with a rated power of 2.05 MW, a hub height of 80 metres and a rotor diameter of 92.5 metres, are destined for the Bald Hills windfarm near Tarwin Lower, two hours from Melbourne in South Gippsland, Victoria.

Suzlon Group comprises of Suzlon Energy and its subsidiaries, including Repower Systems SE. Suzlon Energy is leader in wind energy in the India, which is world’s fifth largest wind energy market. Its business model has range of services that include development, manufacturing, marketing, EPC project delivery and operations and maintenance of wind turbine generators around the world.

Suzlon Energy Share Price

54.98 -0.67 (-1.20%)
08-May-2026 16:59 View Price Chart
Peers
Company Name CMP
Havells India 1255.50
Siemens 3823.90
Apar Inds 12808.00
ABB India 7009.05
Waaree Energies 3229.35
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×