January 10, 2015
Suzlon expresses intent to develop upto 3000 MW of clean energy projects in Gujarat in the next 5 years
- Suzlon expresses an intent to develop ~3000 MW of clean energy projects in Gujarat Suzlon to make the strategic investments over the next 5 years
- Projects are expected to attract investments of over Rs. 24,000 crore in the state with a potential to create 6000-plus direct jobs
10th January 2015, Ahmedabad/Pune: Suzlon Group, the worlds fifth largest* wind turbine maker
has expressed intent to develop clean energy projects in Gujarat of ~3000 MW over the next five
years. Suzlon took up the challenge put forth by Shri Narendra Modi of establishing 2000 MW wind
energy in Gujarat and till date has already installed 1800 MW thus accounting for 20% of
Suzlons total pan-India capacity of over 8250 MW. The wind energy projects will attract
investments with an aim to create sustainable economic growth for the state in addition to reinforcing
the Make in India campaign initiated by the Indian Government.
As part of the Make in India campaign, the project has the potential to create 6000 direct and 75,000
indirect jobs in the state.
Speaking on the occasion Suzlon Group Chairman Tulsi Tanti said, Renewable energy is the key
catalyst for the economic growth of our country. Wind energy will give a fillip to the manufacturing
industry in the country. With the Central governments goal of Make in India, Vibrant Gujarat is
poised to attract investments and establish linkages across various the value chain participants. This
will reinforce Gujarats position as Indias leading market in renewable energy and illustrate the states
commitment to power a low-carbon economy.
As the world is waking up and implementing measures to combat climate change, the contribution of
wind energy in the energy architecture mix across the world has increased manifold.
Gujarat is ranked 1st in Economic Freedom of States in India (EFSI) and also has a market-friendly
government policy framework with a pro-business mind-set. The state governments initiative to scale
up wind energy to ~10 GW is aimed at giving a fillip to local manufacturing. And the Central
governments thrust on clean energy has opened up opportunities for the growth of the SME industries
and sectors such as textiles, automobiles, agricultural products (food processing), cold storage and