Power India found that Suzlon Energy Limited (Largest domestic wind turbine manufacturer) has bagged a contract for a 50.4 MW Wind Power Project in Rajasthan from Eoxis Group (UK based renewable energy developer).
The Eoxis Group is backed by Platina Energy Partners which is London based independent renewable energy investor.
It has invested in solar projects in Europe, and also recently completed its first 15 MW solar project in Gujarat.
This 50.4 MW order is the group’s first investment in the Indian wind energy sector, it added.
Power India further found that the project will be set up in Rajasthan and is scheduled to be commissioned by January, 2013. Suzlon will execute the contract under its end-to-end business model.
As said by Laurence Mulliez, CEO, Eoxis:
"We have a very strategic focus on the wind sector and, in particular, on India which is amongst the top five wind energy markets worldwide,"
"We are happy to partner with Eoxis in their maiden wind energy project in India, and look forward to building a strong long-term relationship," said Tulsi Tanti, Chairman of the Suzlon Group.
Shares of the Suzlon were trading at Rs 21.65, down 2.70 percent on the BSE.
---------------------------------
Power India – A popular blog on Indian Power Sector
No comments:
Post a Comment