Suzlon Group has signed an equipment sale deal with ReNew Power Ventures Pvt. Ltd. (‘ReNew Power’), for wind energy projects of 300 MW to be developed across India. Suzlon will supply, supervise, operate and maintain the projects, while ReNew Power will act as a developer. ReNew Power is one of India’s leading IPP players and aims to play a vital role in meeting India’s growing energy needs.
Suzlon will, under the firm contract, supply 48 units of its latest S9X suite – comprising both S95 and S97 turbines to ReNew Power for a 100 MW project in Maharashtra, for which development has already commenced.
The framework agreement for a further 200 MW will be converted into firm contracts based on completion of the site development by ReNew Power.
Speaking on the order, Mr. Sumant Sinha, Chairman and CEO, ReNew Power, said: “This order marks our pioneering foray into the ‘Developers’ mode of large scale wind power projects, notably in the areas of site development & power evacuation”.
Speaking on the order Mr Tulsi Tanti, Chairman - Suzlon Group said: “We are pleased to receive this repeat order from ReNew Power, and look forward to partnering with the company in its ambitious plans for the wind energy sector in India.
“The IPP segment is set to form an increasingly large part of the Indian wind market, itself set for record growth, and Suzlon is ideally positioned to partner this segment.”
The S9X suite, which features larger rotor diameters, increased hub heights and technology enhancements, like the doubly fed induction generator (DFIG) technology, are designed to harness power efficiently from lower wind speed sites.
Wind Power |
News published on 11 / 07 / 2012 by Bharat Vasandani