Business EconomyPosted at: Dec 4 2024 4:44PM


Suzlon and JSP Green expand partnership with additional 302.4 MW wind power Project

Hyderabad, Dec 4 (UNI) Suzlon and JSP Green Wind 1 Pvt. Ltd., a subsidiary of Jindal Renewables, have expanded their partnership with an additional 302.4 MW wind power project in the Koppal region of Karnataka, aimed at accelerating India’s green steel production.
This second order brings the total capacity from Jindal Renewables to 702.4 MW, making it Suzlon's largest-ever commercial and industrial (C&I) order from a single customer, the company said in a release on Wednesday.
Last month, Suzlon secured a 400 MW captive wind power project with Jindal Renewables in the same region, highlighting the strategic collaboration between the two companies.
Commercial and Industrial (C&I) customers now account for 56 percent of Suzlon’s total order book, which stands at a record 5.4 GW—Suzlon’s highest-ever order book to date.
Under the strategic agreement, Suzlon will supply 96 state-of-the-art S144 wind turbine generators (WTGs) with Hybrid Lattice (HLT) Towers, each rated at a 3.15 MW capacity.
The energy generated will be utilised for captive consumption in steel plants located in Chhattisgarh and Odisha, enhancing their operational sustainability and contributing to India's green energy transition.
Girish Tanti, Vice Chairman, Suzlon Group, said, " This collaboration will propel our joint green steel mission forward, while significantly contributing to India's ambitious renewable energy target of 50% electricity from non-fossil fuels by 2030."
Bharat Saxena, President, Jindal Renewables, said, “Partnering with Suzlon for lower emission steel production is just the beginning—there will be many more such initiatives as we continue to lead the way in adopting renewable energy solutions.”
JP Chalasani, Chief Executive Officer, Suzlon Group, said, “The integration of renewable energy into industrial operations is not just an opportunity but a necessity for a cleaner and greener future.
Partnerships like ours with Jindal Renewables set a benchmark for how industries can innovate to meet both economic and environmental goals.”
UNI KNR CS1643
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