Oyster Renewable Energy Pvt Ltd (OREPL), a leading Independent Power Producer (IPP), has announced a strategic partnership with Suzlon Group, Indiaโs largest renewable energy solutions provider, to set up a 201.6 MW wind power project in Madhya Pradesh. This marks the second collaboration between the two companies within a span of nine months.
Siddharth Bhatia, Managing Director of Oyster Renewable, expressed enthusiasm about the partnership, stating, โBacked by the success of our earlier collaboration, we look forward to working with Suzlon once again to drive our collective vision for renewable energy in India. Leveraging cutting-edge technology, this project is a step forward in our mission to deliver round-the-clock energy. We aim to continue exploring such partnerships to contribute significantly towards Indiaโs 2030 renewable energy goal of 500GW capacity.โ
The agreement will see Suzlon supplying 64 state-of-the-art S144 wind turbine generators (WTGs) with Hybrid Lattice Towers (HLT), each with a rated capacity of 3.15 MW. This project strengthens Oyster Renewableโs commitment to providing cost-effective and sustainable renewable energy solutions.
Girish Tanti, Vice Chairman of Suzlon Group, emphasised the significance of the partnership, saying, โAfter working with us for commissioning, Oyster has now trusted Suzlon with a full EPC orderโreinforcing our position as the preferred renewable energy partner. More customers are choosing us for our end-to-end expertise, from land acquisition and seamless project execution to world-class O&M services that maximise power generation and extend turbine lifespan. At Suzlon, we donโt just build projects, we create long-term value for a cleaner, greener future.โ
Ateesh Samant, Chief Operating Officer of Oyster Renewable, highlighted the companyโs commitment to Indiaโs clean energy transition, stating, โAt Oyster, we are dedicated to driving Indiaโs renewable energy shift through strategic partnerships and cutting-edge technology. This collaboration with Suzlon marks another milestone in our mission to provide cost-effective, state-of-the-art sustainable energy solutions tailored for industrial needs. We continue to align with our vision of Indiaโs clean energy goals and build future-ready businesses.โ
This project underscores the growing momentum in Indiaโs renewable energy sector, reflecting the countryโs commitment to achieving its ambitious clean energy targets. The collaboration between Oyster Renewable and Suzlon sets a precedent for the increasing role of private partnerships in driving Indiaโs transition towards a sustainable energy future.