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Suzlon forays in solar energy

January 27, 2016

Leading wind turbine manufacturer Suzlon Group has announced its foray into the solar sector with letters of intent worth 210 mw of solar power projects from state utility Southern Power Distribution Company of Telangana Ltd (TSSPDCL). Suzlon won the projects through a competitive bidding process. The 210 mw of projects consist of six different projects to be located across the newly-formed state. These include one project each of 100 mw and 50 mw, and four projects of 15-mw each. These projects shall be commissioned by March 2017.

These solar projects will be built under six different special purpose vehicles of which one is an existing subsidiary of Suzlon, while five have been acquired, a release by Suzlon said. Suzlon will soon sign six power purchase agreements with the state utilities for a 25-year period. Suzlon will leverage its end-to-end clean energy solutions expertise to oversee the solar project from concept to commissioning, the release noted.

In April 2015, the TSSPDCL had invited bids for procuring 2,000 mw through solar photovoltaic projects through a tariff-based competitive bidding process with a unique distributed generation model to utilize the substation capacities across the state, the release added.
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