Suzlon Energy, a leading wind turbine manufacturer, will develop wind power projects totalling 3,000 MW in Andhra Pradesh over the next four years, involving potential investment of up to Rs.18,000 crore.
The company has signed a memorandum of understanding with the State Government as a part of the CII's Partnership Summit that concluded here on Friday in the presence of Chief Minister N. Kiran Kumar Reddy. As part of the MoU, the State Government would facilitate Suzlon obtain necessary permissions, registrations, approvals and clearances for the development of the wind farms.
According to Suzlon Group Chairman Tulasi Tanti, the MoU covered development of wind farms with development planned in Tallimadugula, Alankarayanipeta, Gandikota, Vajrakarur, Tirumalayapalli and other places. Andhra Pradesh was a key emerging market for wind power with medium to low wind sites suited to Suzlon's new suite of turbines, he said.