Suzlon Energy Ltd on Wednesday announced that it has consolidated its largest partnership with NTPC Green Energy Ltd (NGEL) to 1,544 MW, with a recent award win of 378 MW wind energy project. In a regulatory filing, the company said that the win strengthens Suzlon’s undisputed market leadership and commitment to sustainable, large‐scale growth.
As part of this contract, Suzlon will supply 120 S144 Wind Turbine Generators (WTG) with Hybrid Lattice Towers (HLT) each with a rated capacity of 3.15 MW, and also undertake foundation, erection, and commissioning for the project and will provide maintenance and services.
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Girish Tanti, Vice Chairman, Suzlon Group, said, “As NGEL aims to expand its renewable energy portfolio to 60 GW by 2032, this partnership lays a crucial foundation for showcasing the key role of wind in powering India’s largest PSU’s renewable journey by providing high‐quality, affordable power. From our first project in Gujarat to expanding into Karnataka, our shared commitment to advancing India’s leadership in the global clean energy movement continues.”
JP Chalasani, Chief Executive Officer, Suzlon Group, said, “Securing major and high‐quality projects in the PSU sector is a key part of our growth strategy, and our order with NGEL highlights the success of this approach. It shows our ability to deliver reliable solutions while supporting India’s clean energy goals.”
Earlier in January, Suzlon Energy had released its fiscal third quarter earnings report wherein net profit nearly doubled from the same quarter last year to Rs 387 crore. Revenue for the quarter had also nearly doubled on a year-on-year basis, jumping 91 per cent to Rs 2,968.8 crore.
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