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India

Suzlon inks 2.5GW Indian accord

INDIA: Turbine manufacturer Suzlon has signed an agreement with the government of the south west Indian state of Karnataka to build 2.5GW of new wind capacity by 2017.

Suzlon plans 2.5GW in Karnataka
Suzlon plans 2.5GW in Karnataka

The expression of interest covers various locations in the state, including the districts of Bijapur, Dharwad, Mysore and Beglaum.

The investment would be worth potentially RS15,000 crore ($2.7 billion), Suzlon said.

Under the agreement, Suzlon would take on the role of developer, while the Karnataka government would handle the necessary regulatory aspects of the planned capacity.

Karnataka has up to 13GW of untapped wind potential, according to some estimates.

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