News

Suzlon Energy wins maiden order from Waaree Forever Energies

Suzlon is powering Waaree Group 's maiden wind project in Andhra Pradesh through a 201.6 MW order from Waaree Forever Energies Pvt. Ltd (WFEPL) , the group's Independent Power Producer (IPP) arm. Executed under the Suzlon DevCo model, the project marks a strategic milestone in both companies’ evolution as leading integrated renewable energy solutions players.

As renewable energy projects become larger and more complex, end -to- end execution models like DevCo are emerging as preferred models to enable faster execution, reduce development risks, and achieve greater scalability.

Under the project, Suzlon will install 64 nos. of its flagship S144 wind turbine generators (WTGs), with a rated capacity of 3.15 MW each in Andhra Pradesh. Suzlon will deliver its comprehensive EPC offering, covering land acquisition, turbine supply, Balance of Plant (BoP), commissioning, and life -time operations & maintenance services. Girish Tanti, Vice Chairman, Suzlon Group.

At 12.48 pm, Suzlon Energy Ltd was trading at Rs. 52.68, down by 0.59%, with a volume of 10.76 lakh shares on the BSE.