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Vasari Energy Enters Into Agreement with
Suzlon to Develop Wind Projects in India
IRVINE, California & MUMBAI, India, July 10, 2009
Vasari Energy announced today that the company has entered into an agreement with Suzlon, the world’s fifth largest manufacturer of wind turbines, to develop, own and operate two wind energy projects in India with a total capacity of 102 megawatts. The combined value of the projects is $132 million.
Suzlon will be performing EPCM services for the wind facilities as well as project-related infrastructure and Vasari will own and operate the wind energy generating assets.
"India continues to be a robust market for our company in the renewable energy sector and we are pleased that our reputation, both globally and locally, has helped us win significant projects in the region," said Robert McKinsey, spokesman for Vasari Energy. "We are excited to work with Suzlon to delivery power to the rapidly growing Indian market."
"Since this project is our first opportunity to work with Suzlon, our entire team is focused on executing at a very high level and showcasing our ability to deliver excellent results while maintaining the highest standards," said McKinsey.
About Vasari Energy
Vasari Energy is an integrated provider of engineering, procurement, construction, project management, and project financing services to the wind and solar power development industries. We believe that our business model allows us the opportunity to bring to our clients compelling business offerings that combine excellence in execution, safety, cost containment and experience.
For more information visit www.vasarienergy.com. |
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| Recent News |
» Vasari Energy Today Announced That the Company Closed $500 Million of Commitments from Asian Partners to Invest In Solar and
Wind Energy Development Projects / IRVINE, California, August 16, 2010
» Vasari Energy Enters Into Agreement with Suzlon to Development Wind Projects in India / IRVINE, California & MUMBAI, India, July 10, 2009
» Vasari Energy Plans to Develop Up to 150 Megawatts of Wind Power in New Mexico / IRVINE, California, January 5, 2010 |
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