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Suzlon commissions Ostro Energy's 50.40 MW wind power project

By Religare
|

Leading Wind Turbine manufacturer Suzlon Energy has said that it has completed the operations of Ostro Energy Private Limited 50.40 MW wind power turnkey project. This project will help in providing electricity to more than 28,000 families and also reduce CO2 emissions by approximately 0.10 million tonnes annually.

"Suzlon has been responsible for the entire project lifecycle, from development, construction to commissioning and has also been contracted to undertake operations and maintenance services of the project for 12 years", the company informed in a filing to the Bombay Stock Exchange.

 

Ostro's Energy is owned by equity firm Actis. This project is Ostro's first wind project in India comprising of 24 WTGs (Wind Turbine Generators) of 2.1 MW each located in Tejuva, Jaisalmer, Rajasthan.

Commenting on the development, Suzlon Energy, Chief Sales Officer, Ishwar Mangal said, "Clean energy solutions are fast becoming critical to the energy supply equation in India. We are delighted to extend India's wind energy footprint, drawing on our deep understanding of the energy sector. The successful commissioning of this project is a testament of Suzlon's ever evolving technology and project execution prowess."

Meanwhile, shares of the company were trading at Rs 24.40 a piece, up 1.88 per cent from the previous close at 10:05 hours on BSE.

Story first published: Monday, October 12, 2015, 12:50 [IST]
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