Suzlon bags contracts for 150 MW wind power projects

Suzlon Group is the world’s fifth largest wind turbine maker and has installed generation capacity of over 24,700 MW.

Suzlon Group has bagged contracts for wind power projects having total capacity of 150 MW.

The orders have been received from various entities including Malpani Group, Rajasthan Gum Group, KRBL, Sterling Agro Group and an assortment of Small and Medium Enterprises.

“The 150 MW order received is a significant development since it demonstrates renewed customer interest to harness wind energy post the reinstatement of Accelerated Depreciation (AD) policy by the Government of India,” Suzlon said in a statement today.

While the company did not disclose the total value, sources said these projects would be worth Rs 1,000-1,200 crore.

There are repeat orders from existing customers including Malpani Group, Rajasthan Gum Group, KRBL Group, and Sterling Agro Group.