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Suzlon signs 300MW equipment sale deal with ReNew Power

Last Updated 10 July 2012, 15:32 IST

 Wind turbine maker Suzlon today said it has bagged a contract to supply its S9X suite machines to ReNew Power Ventures for setting up power projects of 300 MW across the country.


"Suzlon Group has signed an equipment sale deal with ReNew Power Ventures for wind energy projects of 300 MW to be developed across India," the company said in a statement.
While Suzlon will supply, supervise, operate and maintain the projects, ReNew Power will act as a developer, it said.

Under the contract, Suzlon will supply 48 units of its latest S9X suite – comprising both S95 and S97 turbines to ReNew Power, an independent power producer (IPP), for a 100 MW project in Maharashtra, for which development has already commenced, the release said.
The framework agreement for a further 200 MW will be converted into firm contracts based on completion of the site development by ReNew Power, the statement said.

"The IPP segment is set to form an increasingly large part of the Indian wind market and Suzlon is ideally positioned to partner this segment," Suzlon Group Chairman Tulsi Tanti said.

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, he said.

Commenting on the deal, ReNew Power Chairman and CEO Sumant Sinha said, "This order marks our pioneering foray into the 'developers' mode of large scale wind power projects, notably in the areas of site development and power evacuation."

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(Published 10 July 2012, 15:32 IST)

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