Thursday, 5 June 2014

Suzlon Group Wins 100.8 MW Repeat Order From ReNew Wind Power Ventures

Suzlon Energy Ltd. said Suzlon Group had bagged a repeat order for 100.8 MW wind farms from ReNew Wind Power Ventures Pvt. Ltd., India's leading IPP in the wind energy sector. The project is scheduled for execution at the Bhesada wind site, Jaisalmer district in Rajasthan. As per the agreement, the Group will not only supply 48 units of its robust S97-120 m WTG's but will also oversee operations, maintenance and service of the wind site over the contracted period. The S97-120 WTG's is set to change the dynamics of the wind energy business. This is Suzlon's maiden oder for its new towers that is specially designed with a 120 m hub height, the company said.

The innovative S97-120 m tower design is a combination of Lattice & Tubular structure making it the tallest wind tower in India. The towers are designed to harness the optimal available wind resources and deliver higher energy productivity, which in turn ensures higher ROI to customers. ReNew Wind Power projects in Gujarat and Maharashtra are powered by Suzlon turbines. ReNew Wind Power currently deploys Suzlon WTG's for 100+ MW at their wind farms in Gujarat and Maharashtra and this will be the third successful order placed with Suzlon Group. 

ReNew Wind Power's CMD Sumant Sinha said, "This deal reinforced our commitment to developing sustainable energy solutions for India. Our partnership with Suzlon has added momentum to this mission. Suzlon Energy Chairman Tulsi Tanti commented, "Leveraging on our leadership position within the country, we continue to have a strong focus on the Indian market as it offers a favorable renewable energy environment especially now with the new Government in place. We continue to create innovative reliable products as with the S97-120 m which is specifically made for low wind sites. Our mission is to make profitable and efficient wind energy accessible within the country." At the BSE, Suzlon Energy shares are currently trading at Rs.29.30, up 2.99 percent from the previous close. 
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