Suzlon Energy wins 71.40 mw wind power project from GIPL

Wind turbine maker Suzlon has bagged a 71.40-mw wind power project from Gujarat Industries Power Company Ltd (GIPL).

"Suzlon will install 29 units of S97-120m wind turbine generators (WTGs) with all steel hybrid tower and five units of S97-90m WTGs with a tubular tower having a rated capacity of 2.1 mw each," the company said in a statement.

Located in the Kutch district of Gujarat, the project will be completed in three phases with the execution deadline set at April 2017, it said.

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Suzlon will execute the entire project on a turnkey basis and will also provide operation and maintenance services for 20 years through an integrated service package.

"Gujarat has been at the forefront of generating power through renewable energy sources and Suzlon has played a pivotal role in contributing to its renewable energy portfolio," said Ishwar Mangal, Chief Sales Officer, Suzlon Energy.

"With our comprehensive product portfolio, robust in-house research and development (R&D) and more than two decades of experience in providing end-to-end solutions to customers along with integrated maintenance and services, we are best equipped to pursue our focus on bringing down the cost of energy."  

At 1528 hours, the shares of Suzlon Energy were trading up 1.52% or Rs 0.20 at Rs 13.40 per scrip on the BSE.