December 23, 2011
Suzlon announces 166 MW (~Rs. 935 cr.) of new orders in India
- Cumulative order wins between October 22 to December 22, 2011, excluding separately
- Product mix of primarily S82-1.5 MW and S88-2.1 MW turbines
- Strong customer mix covering PSUs, large corporates and SMEs
- Repeat customers account for over half of new orders
Pune: Suzlon Energy Limited (SEL), the worlds fifth* leading and Indias largest wind turbine
manufacturer, today announced cumulative orders of 166.30 MW in India over a two month period,
excluding orders announced separately.
These cover various firm orders secured between October 22 and December 22, 2011 and represent a
strong customermix, covering PSUs, large corporates and SMEs with order sizes ranging from as small as
0.6 MW to 20 MW.
Mr. Tulsi Tanti founder, Chairman and Managing Director, Suzlon Group, said: These orders
underscore the vibrant and rapidly growing Indian wind sector, and our ability to tailor end-to-end wind
solutions to all customers. With an ever increasing need for energy, along with technology making it
possible to profitably harness low wind sites, we see India continuing to be one of our fastest growing
markets in the years ahead.
Some of the key projects include:
Malpani Group: A renowned business conglomerate in the state of Maharashtra with business interest in
agro, leisure, real estate, entertainment, farming, finance, transport and tea, in addition to wind energy.
The group has a 79.85 MW of wind power projects operating across Maharashtra, Madhya Pradesh,
Karnataka and Rajasthan, and the latest order takes its portfolio to over 100 MW. The Malpani group has
been Suzlons customer for more than a decade.
Rajasthan Gums: A leading supplier of gaur gum headquartered in Jodhpur, Rajasthan. The company has
steadily built its wind energy portfolio, and has projects of 30 MW already operational, and adds 15.6
MW with its latest order. Rajasthan Gums has been Suzlons customer since 2005.
Gujarat Power Corporation Ltd: GPCL owns and operates power plants based on different fuels across
Gujarat, and adds a new order of 10.5 MW to its existing 6 MW project in Kutch, Gujarat. GPCL has been
Suzlons customer since 2010.
Sterling Agro Group: A leading name in the dairy products industry, the Sterling Agro Group has a wind
portfolio of 21.55 MW operating across Rajasthan, Madhya Pradesh and Karnataka, this order takes their
portfolio to nearly 29 MW. Sterling Agro has been Suzlons customer since 2010.
India is the worlds fifth largest wind market with a cumulative installed base of over 15,000 MW. The
total estimated onshore wind power potential in India, as per the Ministry of New and Renewable Energy
(MNRE), stands at over 49,000 MW. The sector is poised for accelerated growth driven by demand for
power, strong support for renewables by the Governments sound policy framework and a positive