08/06/2012 | Editor: Dominik Stephan
Suzlon has signed an equipment sale deal with ReNew Power Ventures 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.
Pune/India – Under the contract, Suzlon will supply 48 units of its latest S9X suite – comprising both S95 and S97 turbines to ReNew Power for a 100MW project in Maharashtra, for which development has already commenced. The framework agreement for a further 200MW will be converted into firm contracts based on completion of the site development by ReNew Power.
Speaking on the order, 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”.
India's Union Minister of New and Renewable Energy, Dr. Farooq Abdullah has said that India is committed to increasing the share of renewable power in the electricity mix to 15 per cent by the year 2020. He said an action plan has already been developed that aims at accelerating the deployment of renewable energy with a target of around 30 GW of renewable power by 2017. More in India Strengthens Renewable Energies.
Tulsi Tanti, Chairman - Suzlon Group added, “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.
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