Suzlon Group has bagged contracts for wind power projects having total capacity of 150 MW, estimated to be worth about Rs 1,200 crore.
The orders have been received from various entities including Malpani Group, Rajasthan Gum Group, KRBL, Sterling Agro Group and an assortment of Small and Medium Enterprises (SMEs).
"The 150 MW order received is a significant development since it demonstrates renewed customer interest to harness wind energy post the reinstatement of Accelerated Depreciation (AD) policy by the Government of India," Suzlon said in a statement on Friday.
While the company did not disclose the total value, sources said these projects would be worth Rs 1,000-1,200 crore.
The projects were bagged in the last two months and are scheduled for execution across eight states that have high wind potential.
"These orders have added a fillip to our robust order book. We stand committed to build on our technological edge and offer new age products and best in class services," Suzlon Group Chairman Tulsi Tanti said.
Source: Business Today
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