Suzlon Energy bags 1,166 MW order from NTPC

Wind energy major Suzlon Group on Monday said it has secured India’s biggest wind turbine order of 1,166 MW from NTPC Green Energy Ltd (NGEL), a subsidiary of NTPC.

The company did not mention the order size. The cost of setting up one MW is Rs 6 crore.

Suzlon will install a total of 370 wind turbine generators (WTGs) of S144 equipped with a hybrid lattice tubular tower and a rated capacity of 3.15 MW each at two projects of NTPC Renewable Energy Limited, a wholly-owned subsidiary of NGEL, and one project of Indian Oil NTPC Green Energy Pvt Ltd, a group company of NGEL, in Gujarat.


This win takes Suzlon’s largest-ever cumulative order book close to 5 GW as of September 3, the company said.

"While it is India’s largest wind energy order, this project is also the first of many more such transformative projects between the two in the future," said JP Chalasani, chief executive officer, Suzlon Group.

As part of the agreement, Suzlon will supply the wind turbines and execute the project, including erection and commissioning, in Gujarat as well as undertake operations and maintenance services post-commissioning.

“This project will emerge as the largest wind energy initiative by a PSU in Gujarat, cementing the state’s leadership in renewable energy," said Girish Tanti, vice chairman, Suzlon Group, adding that upon completion, it will set a new benchmark for future projects.

Shares of Suzlon Energy lost 0.52% to close at Rs 74.34 on the BSE on Monday.