Suzlon will install 48 wind turbine generators (WTGs) of their S120 2.1 MW with a hybrid lattice tubular tower at Velliyanani Phase II in Karur district and Vengaimandalam in Trichy in Tamil Nadu and the project is expected to be commissioned in March 2024.
Suzlon will supply the wind turbines (equipment supply) and supervise the execution and commissioning of the project. A size of this project can provide electricity to approximately 65 thousand households and curb around 2.58 lakh tonnes of CO2 emissions per year.
JP Chalasani, chief executive officer, Suzlon Group said, “The Power generated from this project will target the Commercial & Industrial (C&I) consumer segment, creating deeper penetration of renewable energy in India. Suzlon is committed to driving Indian industries toward their net‐zero targets and powering the domestic economy with green energy.”
Venkatesh R, chief executive officer, Everrenew Energy, said, “Our endeavours into wind energy projects are an extension of that commitment. We are delighted to partner with Suzlon, a leading renewable energy solutions provider with reliable technology and great track record in India.We are focussed on increasing adoption of renewable energy in the C&I segment and powering their energy transition journeys. We look forward to creating many landmark renewable energy projects in the future.”
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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