Wind turbine manufacturer Suzlon has announced its foray into solar power with projects worth 210MW in Telangana. The company won the projects from the State utility, Southern Power Distribution Company of Telangana Limited (TSSPDCL) through a competitive bidding process. The 210MW of projects consist of six different capacity projects across the state and will be commissioned in FY2017.
Tulsi Tanti, Chairman, Suzlon Group said, "Solar and wind are complementary, hence we will leverage our project execution capabilities and end-to-end solutions to deliver solar projects. With a strong backing of skilled workforce, excellent operations and maintenance service network, current infrastructure and 20 years of experience in building the wind business, I am confident that our maiden solar journey would be a success. It has further boosted Suzlon's strong presence in renewable energy sector."
These solar projects will be built under six different special purpose vehicles (SPVs), of which one is an existing subsidiary of Suzlon. Rohit Modi, CEO (International Operation and New Business), Suzlon Energy said, "We are proud to partner with Telangana State Government in this opportunity for providing sustainable and affordable energy with a unique and cost efficient model of distributed power generation across the state.
With our expertise in building renewable energy projects, we are geared to complete the project within the set timelines. We look forward to sustaining our growth in the solar sector. This 210MW project will reinforce our commitment to execute tangible capacities in solar energy every year while expanding our footprint. Suzlon will develop these projects on a turnkey basis."
Suzlon will be the developer and the engineering, procurement and construction (EPC) provider for the projects. Tanti added that the company was also working on integrated renewable solutions by combining wind and solar projects at a single location.