Suzlon will install 120 units of S120-140m wind turbine generators (WTGs) with a Hybrid Lattice Tubular (HLT) tower, with rated capacity of 2.1 MW each, the company statement said.
Following the update, shares of Suzlon Energy rallied 10 per cent to Rs 6.49, just shy of its circuit limit. However, the counter gave up some gains to trade at Rs 6.35 at 10.50 am. BSE Senex was trading at 51,597.89, down by 336.99 points or 0.65 per cent at the same time. The scrip settled at Rs 5.92 on Tuesday.
Rajiv Ranjan Mishra, Managing Director, CLP India said, “We are excited about the growth opportunities in India, and our shareholders CLP Group and CDPQ share a vision to invest in a low carbon, clean energy portfolio in the country.
The project, located in Sidhpur, is expected to be commissioned in 2022. Suzlon will execute the project with a scope of supply, foundation, erection and commissioning.
The S120-140m WTGs feature the time-tested Doubly Fed Induction Generator (DFIG) technology that efficiently integrates wind turbines into the utility network to meet the grid requirements.
Ashwani Kumar, CEO, Suzlon Group said, “This is the first big order that we have announced post our debt restructuring closure in line with our plans to restart business operations and lead the Indian wind energy market from the front. We are seeing an increased interest from all our stakeholders and customer segments to invest in renewable energy.”
