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May 2, 2016

Suzlon announces its renewable energy capacity additions in India

Suzlon Group has more than doubled its windpower projects in India, commissioning 900MW during the financial year (FY) 2015-16.

By Lopamudra Roy

Suzlon Group has more than doubled its windpower projects in India, commissioning 900MW during the financial year (FY) 2015-16.

Of the total 900MW, 520MW was commissioned in Q4 FY16.

This surge is in comparison with the 442MW deployed in FY2014-15.

Suzlon Group chairman Tulsi Tanti said: "The 100% growth in our installations in India is higher than the 43% growth achieved by the industry. It is a testament of our hard-work, perseverance and the support of our customers, investors and the bankers.

"Wind energy in India has surpassed all its previous records."

"The efforts of my team towards business ramp-up and execution have yielded results."

Suzlon also comissioned a 78MW wind facility in Telangana, which is the Indian state’s first investment in the windpower sector.

Tanti added: "Further, wind energy in India has surpassed all its previous records with highest installations in FY16.

"I believe this unprecedented acceleration is propelled by technology, conducive policy and the regulatory environment for renewables, as put in place by central and state governments."

The wind energy sector in India reported its highest installation of 3,300MW in FY16, which marks a 42.74% increase as compared with FY15.

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