THE 350-PLUS employees of wind energy major Suzlon Energy’s nacelle and electrical assembly unit at Dunetha village in Daman are looking forward to return of prosperity. They know their unit’s importance in Suzlon’s manufacturing prowess—about 3,150 MW capacity for wind turbine parts. Nacelles, sitting on top of 120-140 metres high lattice and tubular tower structures at wind farms, house power generating components such as generator, gearbox, braking system and electrical assembly. The Daman unit gives life to 100 tonnes wind turbine generators or WTGs.
NEW POLICY THRUST
Replacing reverse auction with single stage, two-envelope closed bidding process
Target of 30 GW offshore wind installations by 2030
Award of at least eight GW onshore wind tenders per annum till 2030
Repowering of five GW old windmills
Renewable tariffs for each state will be pooled and offered to discoms at average tariff
Developers of projects delayed beyond 18 months could be barred from auctions for five years
When Suzlon was growing fast from 2004 to 2010, this was a 100% export unit, capable of making three machines a day. Suzlon’s financial troubles forced it to focus on local market. Orders have been erratic for past five years. Suzlon had two similar units at Pondicherry and Udupi which are not operational.
This story is from the July 2023 edition of Fortune India.
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This story is from the July 2023 edition of Fortune India.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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