The projects were commissioned on turnkey basis and executed by a combination of joint ventures or formation of Special Purpose vehicles (SPVs) with various partners.
Comprehensive operation and maintenance services will be provided by Suzlon for a period of 25 years.
The projects were won through competitive bidding (Telangana), NTPC bid (Rajasthan) and SECI bid (Maharashtra).
J.P. Chalasani, Group CEO, Suzlon Group, said, “We have delivered the entire 340 MW solar project on turnkey basis. With the positive change in the Indian renewable energy landscape, we are confident that the volumes will witness significant growth across all sources of clean energy. Suzlon endeavors to bring down the cost of energy and provide clean and affordable energy for all.”
