Suzlon Continues Order-Winning Spree with 300 MW Wind Project for Torrent Power

Suzlon Q4 FY23: Positive Net Worth After a Decade at INR 1,099 cr, 80% YoY Slide in Current Net Debt

Renewable energy solutions provider, Suzlon Group, has bagged a fresh order from Torrent Power Limited for its new 3 MW series of wind turbines. The firm will look after the development of a 300 MW wind power project. Suzlon will install 100 wind turbine generators (WTGs) with a Hybrid Lattice Tubular (HLT) tower and a rated capacity of 3 MW each. The project, to be set up in Karnataka, is slated for commissioning in 2025.

The firm informs that this is the sixth and the largest order for the new Suzlon 3 MW series in less than a month.

The agreement states that Suzlon will supply the wind turbines (equipment supply), provide land and execute the project including erection and commissioning. Suzlon will also provide comprehensive operations and maintenance services post-commissioning.

Girish Tanti, Vice Chairman, Suzlon Group, said, “Suzlon and Torrent have a long association of building several wind energy projects over the years. We are delighted to further strengthen this partnership with deployment of our most powerful turbine technology via the new 3 MW series. It is also wonderful to see that leading Indian corporate houses have taken on the mantle of driving India’s renewable energy journey towards achieving our nation’s net-zero targets. We remain committed to partner with India Inc. in their journey to net-zero and building a better world for our future generations.”

JP Chalasani, Chief Executive Officer, Suzlon Group, said, “We are happy to announce our fourth order with the reputed Torrent Power Limited. It is always special when we get repeat orders from esteemed customers which demonstrates their trust in Suzlon and its expertise. This is the largest order for our new 3 MW series so far, positioning the product firmly in the market. With our global R&D footprint this product brings together world class technology and customization for Indian wind regimes. The electricity generated from this project will be used to power utilities in several states increasing the reach of renewable energy in the country. Suzlon is committed to serve Indian industries through green renewable power to catalyse the nation’s economic growth while fulfilling our net-zero targets.”

As of December 2022, Suzlon Group has a cumulative global installation of over 19.7 GW of wind energy capacity and boasts of 13.8 GW of wind energy assets under service in India. The firm claims that this makes it the largest operations and maintenance company in the Indian renewable energy sector. The Group also has 5.9 GW of installed capacity outside India.

Suzlon is on an order-winning streak. A few days ago, it had announced bagging an order from Serentica for its upcoming 204 MW wind power project at Koppal in Karnataka. The firm has also bagged significant orders from Vibrant Energy, Juniper Green Energy Private Limited, Thermax Group firm First Energy. It had also announced an order win to develop a 50.4 MW wind power project for Sembcorp’s renewables subsidiary Green Infra Wind Energy Limited.