Suzlon Group, the wind turbine manufacturer said it has signed an equipment sale deal with ReNew Power Ventures Pvt Ltd for wind energy projects of 300 megawatt to be developed across India.
According to the deal, Suzlon will supply, supervise, operate and maintain the projects, while ReNew Power will act as a developer.
Suzlon will, under the firm contract, supply 48 units of its latest S9X suite - consisting both S95 and S97 turbines to ReNew Power for a 100 Mw project in Maharashtra, for which development has already commenced.
The framework agreement for a further 200 Mw will be converted into firm contracts based on completion of the site development by ReNew Power.
"This order marks our pioneering foray into the 'developers' mode of large scale wind power projects, notably in the areas of site development and power evacuation," Sumant Sinha, chairman and CEO, ReNew Power, said.