Key Takeaways
- Suzlon Group will invest ₹10,000 crore to develop 1,325 MW wind projects in Andhra Pradesh’s Anantapur district.
- The projects are projected to generate approximately 4,000 jobs in the region.
- Suzlon aims to expand its renewable energy portfolio in Andhra Pradesh with a target of an additional 5 GW by 2030.
Investment in Wind Energy
Suzlon Group plans to set up 1,325 MW of wind energy projects in the Rayadurg constituency of Andhra Pradesh’s Anantapur district, marking a significant investment of around ₹10,000 crore. This move is part of Suzlon’s strategy to enhance its renewable energy presence in the region.
The arrival of these projects is expected to create around 4,000 jobs, both directly and indirectly, demonstrating a commitment to local economic growth. Nara Lokesh, Minister for Education, IT, and Electronics in Andhra Pradesh, is set to inaugurate the new S144 wind blades in Huliker village, Kanekallu mandal.
Suzlon has already installed over 1,700 MW of wind energy capacity in Andhra Pradesh and has ambitions to add 5 GW of renewable energy projects by 2030. The company’s journey in Andhra Pradesh began in 2004, and it has developed a strong manufacturing and project presence, particularly in Anantapur district.
The company’s rotor blade manufacturing facility located at Ippuru in Kuderu mandal plays a pivotal role in its operations, accounting for 40% of Suzlon’s total blade production. With an annual production capacity of approximately 1,260 MW, this facility underscores Suzlon’s commitment to harnessing wind energy in the state.
Thus far, Suzlon has invested around ₹12,000 crore in Andhra Pradesh, reflecting its long-term commitment to the region’s sustainable energy future. As the company gears up for more projects, it continues to play a crucial role in the state’s renewable energy sector, contributing to employment and economic development.
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