In its first order for the South Korean market, Indian turbine manufacturer Suzlon has won a $12.2 million contract to supply seven 2.1 MW turbines for the first phase of the Jeju wind project. The 14.7 MW project is being developed by state energy provider Korea Electric Power Corporation (KEPCO), which is investing KRW 250 billion ($253 million) in the Jeju Wind Park, as part of an overall renewables investment program totalling KRW 973.8 billion ($1 billion) until 2008, which will also develop projects on solar, small hydro and battery storage technology. KEPCO plans to increase the wind farm's installed capacity to a total of 55 MW in a later phase. Located in the township of Nansan on Jeju Island, Korea's largest island located 64 kilometres from the mainland, the wind farm is currently under construction. Suzlon is partnered with Unison Co Ltd, the first private Koran company to enter the wind power industry.