Suzlon bags GSPC's 52 Mw wind power plant contract

Image
Press Trust of India Ahmedabad
Last Updated : Jan 20 2013 | 8:47 PM IST

Gujarat State Petroleum Corporation (GSPC) has awarded a contract to set up a 52 Mw wind power plant near Jakhao in Kutch to wind energy major Suzlon.

"We have awarded contract to set up a 52 Mw windfarm at Kutch to Suzlon, which is to be commissioned before September this year," a senior official of GSPC told PTI.

He added that financial tie-up has also been arranged and advance payment has already been made to Suzlon for the project.

However, he refused to divulge the details of pricing and said that it cannot be disclosed at this juncture. But the cost for a 200 Mw project was pegged at Rs 1,200 crore.

It may be noted that GSPC had invited bids to set up a 200 Mw wind farm to generate clean energy in the state in January this year.

Following the bids, 13 companies had purchased the bid document but only two companies, Suzlon and Vestas, had finally bid for the project.

"After the first project is commissioned, we will award the contract for the second project, as we have to reach the target of 200 Mw," GSPC official added.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: May 05 2009 | 7:07 PM IST

Next Story