Suzlon Group has secured its first order from Axis Energy Group for a 105-MW wind project in India. Located in Anantapur district of Andhra Pradesh, the project will consist of 50 units of Suzlon’s S111 90-m tubular tower with rated capacity of 2.1 MW.
Axis Energy Ventures India Private Limited is the flag ship company of Hyderabad-based Axis Energy Group. The wind project will be undertaken by a Special Purpose Vehicle – Axis Wind Farms (Anantapur) Pvt Ltd. It 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.
Along with an exclusive Supply and Installation Agreement (SIA), Suzlon will be responsible for project O&M and dedicated lifecycle asset-management services for an initial period of 10 years. The project has the potential to reduce 0.22 million tonnes of CO2 emissions per annum.
“We are glad to partner with Suzlon. 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,” said K. Kiran Kumar Reddy, CEO, Axis Energy Ventures India Private Limited.
The S11X 2.1 MW platform features the time tested Doubly Fed Induction Generator (DFIG) technology which is designed to optimally harness available wind resources. It not only delivers higher energy yield, but also offers higher return on investment for customers. The product is continuing to gain traction in the market.
“We welcome Axis Energy Group in our customer profile and would be delighted to forge a solid partnership with our maiden venture with them,” said J.P. Chalasani, Group CEO, Suzlon Group. “The order adds to our backlog for the next financial year and also reaffirms the traction for S111 platform. Our continuous endeavor is on bringing down the cost of energy by investing in technologically advanced products and enables renewable energy to transition from alternative to mainstream energy source.”
Andhra Pradesh state government’s focus on promoting non-conventional sources of energy has catapulted Andhra Pradesh as a forerunner in the development of renewable energy. The state’s single window clearance has helped ease of doing business and boosted investments in the renewable sector.
“We will continue to collaborate with the AP government to enhance the share of renewable energy in the state’s energy mix, and look forward to working in synergy towards our common goal of reducing the carbon footprint,” added Reddy.
Filed Under: News, Projects, Turbines