Suzlon to build 2000 MW wind projects in Madhya Pradesh over next 5 years
09 October 2014
Suzlon Group, the world's fifth-largest wind turbine-maker, has expressed its intention to build 2000 MW new wind energy projects in Madhya Pradesh over the next five years. The company expressed the intention at the Global Investors Summit 2014 held at Indore.
These wind energy projects will be set up for SME sector and IPP producers will drive investments and create sustainable economic growth for the state. However, the company - which installed more than 50 per cent of total wind capacity in the state - did not disclose the investments it would be making in the project.
''The MP government has an impressive track record of delivering 11 per cent all round economic growth in 2013-14, with a very impressive growth of 25 per cent in the agriculture sector, which is the highest in the world. This is indeed a testament of the state's progressive outlook and pro-industry policies that offer a conducive business environment,'' Tulsi Tanti, chairman, Suzlon Group, said at the summit.
''MP has not only emerged as one of the fastest growing states in the country but is a power surplus state as well, with close to 14000 MW installed capacity,'' he added.
The Suzlon Group is ranked as the world's fifth largest wind turbine supplier, in terms of annual installed capacity and market share in 2013. It has presence across Asia, Australia, Europe, Africa and North and South America, with 24,726 MW of wind energy capacity installed with operations in over 31 countries and a workforce of about 10,000.