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Suzlon Group has announced that it has commissioned 626MW of wind power projects in the financial year 2017-18 (FY18).
With this, Suzlon has gained a market share of 35 % despite an challenging year for the Indian sector due to the transition from Feed-in- Tariff (FiT) to bidding regime. As a result, the overall wind industry installations decreased to 1,766MW in FY18 (32% of FY17 installations) due to stagnant volumes, uncertainty on PPAs and policy environment.
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