Suzlon Energy share price gained nearly 3 percent intraday on October 27 after the company bagged an order for development of a 50.4 mw wind power project.
The wind power project of the 3 MW product series for the development of a 50.4 MW for Juniper Green Energy Private Limited.
Suzlon will install 16 wind turbine generators (WTGs) with a Hybrid Lattice Tubular (HLT) tower of their new product with a rated capacity of 3.15 MW each.
The project is located at Dwarka district in Gujarat and is expected to be commissioned in 2025.
This is the repeat order for the company’s largest turbine rated 3.15 MW, S144‐140m from the 3 MW series.
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As part of the agreement, Suzlon will supply the wind turbines (equipment supply) and execute the project including, erection and commissioning.
The company will also provide comprehensive operations and maintenance services post‐commissioning.
“We are delighted to announce our second order with Juniper Green Energy Private Limited in a short period of time for our 3 MW series. Juniper Green Energy is a committed renewable energy independent power producer (IPP) player in India with a comprehensive wind, solar and hybrid power projects. We are honored that they have partnered with us again for their wind energy project," said JP Chalasani, Chief Executive Officer, Suzlon Group.
"Suzlon is committed to serve our customers and the nation with our proven technology, extensive experience, and service excellence in India. We look forward to a continued partnership with Juniper Green Energy in their journey towards a greener India,” he added.
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