HOME > BUSINESS > Suzlon wins 52.4 MW project from Oil India, to power 28,000 households

Suzlon wins 52.4 MW project from Oil India, to power 28,000 households

suzlon-oilSuzlon Group, a renewable energy solutions provider, said it has won its first project from Oil India Ltd (OIL) for 52.5 MW for two sites in Madhya Pradesh and Gujarat.

The project will provide power to around 28,000 households and will reduce .11 million tonnes of CO2 emissions per annum, said the company.

The project which is scheduled to be completed by June next year will comprise of Suzlon’s S11190m tubular tower and S97120m hybrid tower with a rated capacity of 2.1MW each.

J.P Chalasani, Group CEO of Suzlon Group said,”We welcome Oil India Ltd in our customer profile and would be delighted to forge a solid partnership with our maiden venture with them. We are witnessing increasing traction in investments in renewables by leading PSU’s. This order win is a testament of Oil India’s confidence in Suzlon’s technology and execution capabilities. Suzlon is in alignment with the nations COP 21 commitment of generating 40% of its energy from non-fossil fuel sources by 2030. With our pan-India presence, end-to-end solutions and technologically advanced product, Suzlon is aptly positioned to capitalize on the growing market opportunities in India.”

Suzlon Group is a renewable energy solutions provider with presence across 19 countries in Asia, Europe, Africa, Australia and North and South America.

Oil India Limited, a Indian public sector company,is the second largest hydracarbon exploration and production company in India under the Ministry of Petroleum and Natural Gas.

Follow ULTRA.news
India-Myanmar-Thailand highway to be ready in 3 years; work starts Road building in progress in NE India The Indian government has awarded all the contracts under the India-Myanmar-Thailand highway over the last three months and the highway is likely to be ready in three years, the external affairs ministry said. "Government of India is i...
6,500 MW of wind projects to be auctioned in 3 months in India A wind-farm in South India The central government and various state governments will award contracts to set up another 6,500 MW (6.5 GW) of wind energy projects in the next three months, the ministry of renewable energy said. Combined with the 3 GW awarded in the first nin...
SOLAR MISSION: It’s another nail-biter for India in 2017-18 India faces steep odds in its race to meet its solar power addition targets for the current year. Last year, the country had added only 5.53 GW of incremental solar power capacity against a target of 6 GW. This year, the target is 10 GW. However, as of November end, it has...
EU to invest Rs 1,300 cr in India’s solar and wind power via Yes Bank The European Investment Bank, the lending arm of the European Union, will invest $200 mln (Rs 1,283 cr) into the Indian solar and power sector via a deal with Yes Bank in order to support the growth of renewable energy in the country. The investment will be routed through a r...
Boosted by Jio’s success, Mukesh Ambani unveils his future plans Mukesh Ambani, India's richest man, said telecom was the first of his big bet, and he will now use his resources to solve problems in three other difficult areas -- agriculture, education and healthcare. Speaking at the HT Leadership Summit, Ambani said his primary motivation...
India to see 6 GW of wind power auctioned in 5 months Inox Wind Limited, the most aggressive player in bidding for new wind power projects, said it expects almost 6 GW of new wind power projects to be auctioned in India over the next five months. In comparison, the country added 5.4 GW of wind power capacity on the ground in the...
Reliance Capital to get Rs 300 cr from IREDA for lending to renewable sector Anil Ambani Group's Reliance Capital Indian Renewable Energy Development Agency Limited (IREDA) will make available Rs 300 cr for lending to renewable energy and energy efficiency projects. IREDA is a Government of India Enterprise under the administrative control of Ministr...
Adani Enterprises to demerge and list solar business Adani Enterprises Limited said it will demerge Adani Green Energy Ltd by cancelling the shares it holds in the subsidiary and issuing new shares directly to the shareholders of the parent company. Shareholders will get 761 shares of the new company for every 1,000 shares they...
Inox Wind eyes large share of upcoming wind power projects Inox Wind Limited, which manufacturers wind turbines and constructs wind power farms, said it intends to put up a 250 MW wind farm in Kutch in Gujarat in the next 12 months and will continue to bid aggressively in upcoming auctions. Inox Wind had won the project as part of th...
Natural gas price hike to boost margins at OIL, ONGC, GAIL – India Ratings The recent gas price increase will improve the profitability of gas production operations of Oil India and ONGC, India Ratings said, while also benefiting transporter GAIL. "Although producers have been benefiting from lower rig and vessel rentals for renewed contracts due to...
Petrol, LPG consumption up 10% in India; diesel, kerosene sees sluggishness The pace of growth in petroleum consumption slowed this year, but private retailers are getting ready to open more and more outlets, Fitch Ratings said. Consumption of petroleum products, such as diesel, petrol, LPG and kerosene, has been increasing at a rate of about 5% in I...
Tata Power renewable generation up four times last year Tata Power said it generated more four times as much power from renewable sources like solar and wind in the financial year ended March, compared to the year before. This was achieved partly due to an acquisition. During the year, its renewable arm Tata Power Renewable En...
Tata Power to set up electric vehicle charging stations in Mumbai Tata Power announced its plan to set up electric vehicle charging stations across Mumbai, and has set up the first one at its compound in Vikhroli. "These chargers would facilitate electric car users to charge their cars (Battery Electric Vehicles such as the Mahindra e2O, Nis...
India achieves only 14% of rooftop solar power target Even as India more or less sticks to the target on adding large solar farms under its ambitious Solar Mission project, the other leg of the plan -- rooftop solar -- remains woefully behind target. Under the solar mission, India is supposed to have put in 5,000 megawatt of sola...
SLOW START: India adds 8.3% of 2017 target solar capacity in three months India added only 827 megawatt of solar power generation capacity in the first three months of the current financial year, indicating a slow start to the yearly program. The addition of the first three months represents only 8.27% of the 10,000 megawatt that it is supposed to c...
Surya introduces 32-watt full-size ceiling fan with BLDC technology Surya Roshni, one of India's oldest electrical brands, said it launched what could be India's most power efficient full-size ceiling fan -- the SS-32. The fan belongs to the new breed of brushless or BLDC fans that use an electronic circuit to convert alternating current into ...
HPCL appoints bankers for Rs 6,000 cr FCCB issue Hindustan Petroleum Corp Ltd said it had appointed banking intermediaries for organizing investor meetings in the run up to raising Rs 6,000 cr ($930 mln) by selling foreign-currency denominated bonds. The bonds will be non-convertible, and will be issued if the meetings disco...
BHEL wins 15 MW solar project, total reaches 180 MW Bharat Heavy Electricals Limited said it got an order from Gujarat Alkalies and Chemical Limited for setting up a 15 MW Solar Photovoltaic power plant in Gujarat on Engineering, Procurement and Construction (EPC) basis. This takes the total solar power generation capacity bein...
IREDA to sell 14 cr shares in IPO to help meet India’s renewable targets The central government has okayed the listing of India's premier renewable energy agency, IREDA, via an initial public offer. Part of IREDA co-financed 202.40 MW Wind Power Project in AP The move will help the non-banking finance company "increase its equity base which wil...
BHEL commissions 800 MW supercritical coal unit in Karnataka The Raichur plant Bharat Heavy Electricals Limited (BHEL) commissioned an 800 MW coal-based supercritical thermal unit at the  Yeramarus Thermal Power Station located in Raichur district of Karnataka, the heavy equipment maker said. The plant is a joint venture between BHE...