Suzlon wins 84MW order

INDIA: Suzlon has been handed an 84MW supply agreement from independent power producer (IPP) Continuum Wind Energy.

The deal is for 40 S95 2.1MW turbines, which will be delivered this year and in 2013. The S95 is part of Suzlon's S9X range of turbines, an evolution of its S88 2.1MW turbine.

Arvind Bansal, chief executive officer, 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 development of efficient wind farms."

Rohit Modi, chief executive officer - India and Emerging Markets, Suzlon Energy said, "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."
Tulsi Tanti, chairman - Suzlon Group said: "This order underscores India`s potential as a wind market and an investment destination.  With the country`s ever growing need for energy, wind provides the most sustainable, cost competitive solution there is. With our installations contributing nearly half of the country's installed capacity, we are partnering with our customers in the development of the sector and the nation."

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