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Suzlon arm Senvion bags contracts worth Rs 420 crore

According to reports, Suzlon Group firm Senvion SE has bagged orders worth over Rs 420 crore for setting up wind power projects having nearly 64 MW capacity in the UK.

Senvion SE has signed four contracts for nearly 64 MW wind power projects in the UK. Three of them are repeat orders.

RES has placed an order for 28.7 MW wind plant, Suzlon said in a statement today.

Besides, John Laing has given a contract for 14.35 MW project, InfraRed Capital Partners (10.2 MW) and Broadview Energy (10.25 MW).

The last three are repeat orders, the statement said.

These orders would be worth more than Rs 420 crore, according to sources.

The cost for setting up 1 MW wind power generation capacity is estimated to be Rs 6-7 crore.

“We are delighted to be signing a further four turbine contracts in the UK, including our first contract from RES. This caps off what has been a highly successful year for Senvion in the UK, having signed contracts totalling nearly 250 MW since January,” Senvion SE’s CEO Andreas Nauen said.

Senvion SE is a leading manufacturer of onshore and offshore wind turbines.

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