Suzlon receives 252 MW wind power project order from a leading Global Utility as part of SECI II bid

• Installation of 120 units of 2.1 MW of S111 120m in Gujarat
• Project PPA signed between the Customer (Leading Global Utility) and SECI
• Advance received by Suzlon for executing the entire project on a turnkey basis

Mumbai, India: A leading Global Utility has awarded a wind power project of 252 MW to Suzlon Group. This project is won by the Utility through SECI II auction held recently. Suzlon will execute the entire project on a turnkey basis and will also provide operation and maintenance services. With this order, Suzlon has secured combined orders of 502 MW across SECI - I and SECI- II auctions.

J.P. Chalasani, Group CEO, Suzlon Group said, “We are glad to partner with the leading Global Utility yet again for their SECI II bid project. We are encouraged by the trust and confidence demonstrated by them in Suzlon’s technologically advanced products. Our strategy of having initial tie-ups is clearly paying off. With the introduction of the bidding regime, the industry is poised to grow to 8-10 GW annually. With our over two decades of experience, proven technologies, comprehensive product portfolio, and end-to-end solutions along with integrated maintenance and services, Suzlon is best positioned to cater to demand growth and maintain our leadership.”

Note: While the order is part of Q2 FY18 firm order book announced in Nov’2017, the press release is to share an update upon signing of EPC contracts and receipt of advance.

About Suzlon Group:

The Suzlon Group is one of the leading renewable energy solutions providers in the world with an international presence across 18 countries in Asia, Australia, Europe, Africa and North and South America. With over two decades of operational track record, the Group has a cumulative installation of approximately 17 GW of wind energy capacity, over 8,200 employees with diverse nationalities and world-class manufacturing facilities. Suzlon is the only Indian wind energy company with a large in-house Research and Development (R&D) set-up in Germany, the Netherlands, Denmark and India. Over 11 GW of the Group’s installation is in India, which makes up for ~35% of the country’s wind installations, making Suzlon the largest player in this sector. The company has recently forayed into the solar space. The Group, headquartered at Suzlon One Earth in Pune, India, is comprised of Suzlon Energy Limited and its subsidiaries. Suzlon corporate website: www.suzlon.com