- 06 Jan
Suzlon bags 105 MW order from Axis Energy Group
Renewable energy company Suzlon Group has announced its maiden order win of 105-MW wind power project from Hyderabad-based Axis Energy Group.
Axis Energy Ventures India Pvt Ltd is the flagship company of the Axis Energy Group and the project is being undertaken by a Special Purpose Vehicle – Axis Wind Farms (Anantapur) Pvt Ltd.
The project consists of 50 units of S111 90m tubular tower with a rated capacity of 2.1 MW. Located in Anantapur district of Andhra Pradesh, the 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.
Suzlon has entered into an exclusive supply and installation agreement (SIA) and be responsible for operation and maintenance services with dedicated life cycle asset management services for an initial period of 10 years.
The project has the potential to provide power to over 50,000 households and reduce 0.22 million tonnes of CO2 emissions per annum.
K. Kiran Kumar Reddy, CEO, Axis Energy Ventures India, in a statement said, “Suzlon’s technologically advanced products, project execution capabilities and over two decades of experience in the domestic market made it our preferred partner of choice. We will continue to collaborate with the AP government to enhance the share of renewable energy in the state’s energy mix. We look forward to work in synergy towards our common goal of reducing the carbon footprint.”
J P Chalasani, Group CEO, Suzlon Group, said, “The order adds to our backlog for the next financial year and also reaffirms the traction for S111 platform. Our continuous endeavour is on bringing down the cost of energy by investing in technologically advanced products and thereby enables renewable energy to transition from alternative to mainstream energy source.”
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