October 5, 2007
Suzlon secures 150 MW order from Infrasructure major DLF
Mumbai: Suzlon, Indias leading and worlds fifth largest wind power solutions
company, signed a major new order with DLF Limited, one of Indias leading
infrastructure development companies, for 150 MW of wind turbine capacity.
The order, to be supplied in 100 units of Suzlons S82 1.5 MW turbines, will be
installed as part of a project in Gujarat, India, by March 2008, making it the largest
single-order in wind for the State.
Mr. I. C. Mangal, Head Suzlon SBU West, stated: We are very pleased to secure
this major order from DLF. This order marks a major new initiative from DLF to
invest in power - one of the most critical infrastructure areas for India today, and
through wind making it an environmentally friendly and sustainable venture.
The DLF group is a leading real estate developer based in New Delhi, India. The
group has over 289 million sq. ft. of existing development and 615 million sq. ft. of
planned projects spread over residential, commercial, retail, hotels, and
infrastructure and SEZ projects.
The major order comes in continuation to the growing investments and interest from
corporates in large wind projects averaging more than 100 MW each. Speaking on
the order, Mr. Andre Horbach, CEO Suzlon Group said: This order reflects the
growing maturity of the wind energy sector in India, and is a clear testament to
Suzlons ability to plan and execute large, successful and profitable wind projects.
India is today one of the major markets for wind energy in the world, ranking as the
third leading market in terms of annual installations in 2006 ahead of Spain and
China. Estimates project strong growth for the sector in India over the next five
years, with nearly 12,000 MW in new capacity added by 2011, taking cumulative
installations to over 18,000 MW. Suzlon with its fully vertically integrated value
chain, comprehensive product line-up and end-to-end solutions package, is poised to
lead this growth and maintain its leadership of the market in the years to come.