Suzlon Energy bags order from Axis Energy Group
DSIJ Intelligence / 06 Jan 2017
Suzlon Energy (Suzlon) has secured a maiden order from Axis Energy Group for installation of windmill towers with a total capacity of 105 MW. The company will install 50 units of S111 90 metre tubular tower, each with a capacity of 2.1 MW.
Sluzon Energy (Suzlon) has secured a maiden order from Axis Energy Group for installation of windmill towers with a total capacity of 105 MW. The company will install 50 units of S111 90 metre tubular tower, each with a capacity of 2.1 MW. This project will be located in Andhra Pradesh and completed in two phases by June 2017. Suzlon’s new project will power over 50,000 households and reduce 0.22 million tonnes of carbon dioxide emissions per annum.
Suzlon’s new project is scheduled for completion in two phases. The first phase will be completed in March 2017 and the second phase will be completed in June 2017. Andhra Pradesh government's single window clearance has helped ease of doing business in the state and boosted investments in the renewable energy sector.
The S11X 2.1 MW platform of Suzlon features the time-tested Dolby Fed Induction Generator (DFIG) technology which is designed to optimally harness available wind resources. This product gives higher energy yield as well as higher return on investment for customers.
The share price of Suzlon increased 0.66 per cent on the bourses in early hours of trading and is trading at Rs 14.85 on an intra-day basis.
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