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Suzlon secures a new order of 81.9 MW for the 3 MW series from Oyster Green Hybrid One Private Limited

Suzlon Energy Limited ₹1,200 Crore Rights Issue to Open on October 11, 2022

·         To supply 26 wind turbines with a rated capacity of 3.15 MW each

·         Project at Agar in Madhya Pradesh, with a total installed capacity of 81.9 MW

·         Electricity generated from the project will be supplied to Commercial and Industrial (C&I) customers under captive model.

·        A project of this size can provide electricity to ~67 thousand households and curb ~2.66 lakh tonnes of CO2 emissions per year

 Pune, India: Suzlon Group, India’s largest renewable energy solutions provider, today announced a new order win for the development of an 81.9 MW wind energy project for Oyster Green Hybrid One Private Limited. Suzlon will install 26 Wind Turbine Generators (WTGs) with a Hybrid Lattice Tubular (HLT) tower and a rated capacity of
3.15 MW each at the client’s site in Agar in Madhya Pradesh.

This order is for the company’s larger rated 3.15 MW, S144-140m turbines from the 3 MW product series. As part of the agreement, Suzlon will supply the wind turbines (equipment supply) and execute the project including erection and commissioning. Suzlon will also undertake comprehensive operations and maintenance services post-commissioning.

Vivek Srivastava, Chief Executive Officer, India Business, Suzlon Group, said, “We are happy to announce our first order with Oyster Green Hybrid One Private Limited, an Indian Independent Power Producer (IPP) of great repute.

We welcome Oyster to the Suzlon experience and thank them for trusting in our leading technology and comprehensive capabilities throughout the wind energy value chain. We appreciate the faith that our customers place in the quality and reliability of our technology and service solutions. The electricity generated from this project will target the C&I customer segment, creating a deeper penetration of renewable energy in India. At Suzlon, we are deeply committed to powering the industry with sustainable green energy to power their progress while meeting their net-zero ambitions.”

“Every Suzlon turbine is manufactured in India through a thriving domestic ecosystem, which is a testament to “Make in India” and “Aatmanirbhar Bharat,” contributing to a greener world. This is also in line with our mission to consistently lower the cost of energy to make green power accessible and affordable for all.”

Ateesh Samant, Chief Operating Officer, Oyster Green Hybrid One Private Limited, said, “At Oyster Green Hybrid One Private Limited, we are focussed on increasing our green power portfolio through Wind and Wind-Solar Hybrid projects. We always strive for alliances that help us in our journey of increasing the reach of renewable energy in India with a focus on sustainability. We are positive that being the nation’s largest renewable energy solutions provider, Suzlon’s technological expertise and manufacturing capabilities will allow us to grow our green energy portfolio and serve our customers with a shared ideology.”

Suzlon turbines feature the time tested Doubly Fed Induction Generator (DFIG) technology that efficiently integrates wind turbines into the utility network to meet the grid requirements. Suzlon’s R&D efforts are continuously geared towards increasing turbine performance, harnessing more energy from low wind sites, and lowering the cost of energy.

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