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Suzlon will supply their S133 wind turbines (equipment supply) and supervise execution and commissioning of the project. The firm will also provide comprehensive operations and maintenance services post‐commissioning. The said project is expected to be commissioned in 2024.
A size of the said project can provide electricity to around 36 thousand households and curb approximately 1.42 lakh tonnes of CO2 emissions per year.
JP Chalasani, chief executive office, Suzlon Group, said, “The power generated from this project will serve the commercial & industrial (C&I) consumer segment, which is a key segment to drive deeper penetration of renewables in India.”
Farukbhai Gulambhai Patel, chairman and managing director, KP Group, said, “This project is in line with our goal to unlock India's renewable energy potential and power the commercial and industrial sectors. As India's leading renewable energy solutions provider with proven technology, Suzlon is the right partner for us.”
The Suzlon Group is one of the leading renewable energy solutions provider in the world with presence in 17 countries.
The company reported consolidated net profit of Rs 279.89 crore in Q4 FY23 as against net loss of Rs 204.29 crore posted in Q4 FY22. Revenue from operations declined 30.8% year on year (YoY) to Rs 1,689.91 crore in the quarter ended 31 March 2023.
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