September 11, 2012
Suzlon Group wins 84 MW order from Continuum Wind Energy
- Project to be commissioned in FY2012-13
- Order comprises 40 units of Suzlons S95 2.1 MW turbine
Pune: Suzlon Group, the world's fifth* leading and Indias largest wind turbine
manufacturer, and Continuum Wind Energy, a leading renewable Independent Power
Producer (IPP), have entered into a contract for the supply, erection and
commissioning of 40 units of S95 2.1 MW turbines, corresponding to 84 MW, in
Speaking on the order Mr Arvind Bansal, CEO, Continuum Wind Energy said:
We are extremely optimistic about the outlook and opportunities in the Indian wind
energy market. This project is a part of our plan to be a leading wind IPP with a
focus on the development of efficient wind farms. We are happy to partner with
Suzlon, with its market leadership in India, end-to-end capabilities across the wind
energy value chain, reliable technology, efficient execution and close collaborative
approach, towards achieving this goal.
Mr Rohit Modi, CEO India and Emerging Markets, Suzlon Energy Limited
added: We are pleased to receive this order from Continuum Wind Energy, and look
forward to partnering with the company in its ambitious plans for the wind energy
sector in India.
The IPP segment is set to form an increasingly large part of the Indian wind market
with growing participation and investment from domestic and international IPPs.
Suzlon, with our strong supply chain base in low-cost geographies, deep market
experience and robust technology, is ideally positioned to partner in this growth.
Mr Tulsi Tanti, Chairman Suzlon Group said: This order underscores Indias
potential as a wind market and an investment destination. With the countrys ever
growing need for energy, wind provides the most sustainable, cost competitive
solution there is. With our installations contributing nearly half of the countrys
installed capacity, we are partnering with our customers in the development of the
sector and the nation.
The S95 turbine with its 95 meter rotor diameter is part of Suzlons S9X suite, which
features larger and more efficient rotors, increased hub heights and technology
enhancements, like the doubly fed induction generator (DFIG) technology, are
designed to harness power efficiently from lower wind speed sites. The S9X suite of
turbines has been well received with a contracted capacity of over 1 GW. Key clients
include Mytrah Energy (India) Ltd, CLP, ReNew Power Ventures Pvt Ltd, Gujarat
Mineral Development Corporation Ltd, Sprott Energy and Cennergi (Pty) Ltd, among