Suzlon secures an order of 47.6 MW from The KP Group in Gujarat

Pune, India: Suzlon Group, India's largest renewable energy solutions provider, today announced a new order win for the development of a 47.6 MW wind power project for The KP Group. The project is located at Vagra in Bharuch district in Gujarat and is expected to be commissioned in 2024.

Suzlon will supply their S133 wind turbines (equipment supply) and supervise execution and commissioning of the project. Suzlon will also provide comprehensive operations and maintenance services post-commissioning.

JP Chalasani, Chief Executive Office, Suzlon Group said, "We are delighted to announce a repeat order from The KP Group. The KP Group has been a long-standing player in renewable energy and has consistently worked towards increasing renewable energy adoption in the country. Suzlon takes pride in the fact that committed customers like The KP Group continue to select our leading technology and comprehensive capabilities throughout the entire wind energy value chain. The power generated from this project will serve the Commercial & Industrial (C&I) consumer segment, which is a key segment to drive deeper penetration of renewables in India. Suzlon is committed to partner with increasing number of Indian industries, driving them toward their net-zero targets while powering the nation with sustainable energy"

Every Suzlon turbine ranging over 80%-90% on domestic content and manufactured in the country through a thriving domestic value chain is a testament to our contribution to the vision of an Aatmanirbhar Bharat.

Dr. Farukbhai Gulambhai Patel, Chairman and Managing Director, KP Group said, "This project is in line with our goal to unlock India's renewable energy potential and power the commercial and industrial sectors. As India's leading renewable energy solutions provider with proven technology, Suzlon is the right partner for us. We have had a long and fruitful association with Suzlon in the past using their cost-effective Made-in-India solutions to create an 'Aatmanirbhar Bharat'. With nearly three decades of serving India with renewable energy The KP Group is focussed on increasing its green energy footprint in India helping our customer's power their growth and electricity requirements with clean energy"

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.

About The KP Group

The KP Group was founded by Dr. Farukbhai Gulambhai Patel in 1994 which is now well recognized group of Gujarat. What started as a logistics service provider in 1994 is now a group with a combined turnover of over rs 11 Billion with 1GW commissioned in Renewable projects.

The Group has completed more than 28 years of its successful operations and today consists of several group of companies, all contributing to the fast and robust growth of the group. During the last decade the group has achieved phenomenal growth as a result of diversification into fabrication and galvanizing, renewable energy sector (Solar & Wind) and Telecom infrastructure. Major Group Entities include, KPI Green Energy Limited, KP Energy Limited, KP Buildcon Pvt Limited, and KP Human Development Foundation

The Group has leveraged rapid industrialization and economic progress of the country by developing business in renewable energy sector (Solar & Wind). KP Group has successfully completed Initial Public Offer in both Solar and Wind renewable energy. Solar business segment of the group, KPI Green Energy Limited is listed on Main Board Platform BSE Limited and National Stock Exchange of India Limited. Wind segment of the group, KP Energy Limited is listed on Main Board Platform of BSE Limited.

About The Suzlon Group

The Suzlon Group is one of the leading renewable energy solutions providers in the world with more than 20 GW* of wind energy capacity installed across 17 countries. Headquartered at Suzlon One Earth in Pune, India; the Group comprises of Suzlon Energy Limited (NSE: SUZLON & BSE: 532667) and its subsidiaries. A vertically integrated organisation, with in-house research and development (R&D) centers in Germany, the Netherlands, Denmark and India, Suzlon's world-class manufacturing facilities are spread across 14 locations in India. The Group has a diverse workforce of 5,900 employees with over 28 years of operational track record. Suzlon is also India's No. 1 wind energy service company with the largest service portfolio of ~13.9 GW of wind energy assets. The Group has 5.9 GW of installed capacity outside India. The 3 MW Series wind turbine technology platform is the latest addition to its comprehensive product portfolio.

*Global installations of Suzlon manufactured wind turbine generators.

Suzlon corporate website: www.suzlon.com