Suzlon Energy Limited, one of the world's largest wind turbine suppliers, announced its fourth consecutive order from GAIL - a gas utility company, and the Navratna public sector undertakings (PSU) of the Government of India. The order consists of 11 units of Suzlon's S88 - 2.1 MW wind turbines, to be commissioned in the states of Tamil Nadu and Karnataka by the end of the financial year 2011-12.
This is GAIL's fourth order with Suzlon, with first two projects located in Gujarat. The first 4.5 MW project, comprising Suzlon's S82- 1.5MW turbines, was commissioned in March 2010, and the second 14.7 MW project is currently under execution. A part of these projects is meant to fulfill GAIL's captive power requirement, with the rest for power sales to the respective local power distribution utilities. The sale of the power generated to the local power distribution utilities will be under the long term power purchase agreement (PPA) at the fixed preferential feed-in tariff.
"We are very pleased to announce our fourth order from GAIL, a 'Navaratna' PSU that has led the way with its approach to climate change mitigation and renewable energy. This order underscores our position as a partner-of-choice for large wind investors in India,” said Tulsi R. Tanti, chairman and managing director, Suzlon Group.
He further added, “With the strength of our future development pipeline, our customised end-to-end offerings and our long term service capabilities, we are the best positioned to take advantage of the rapid growth of the Indian wind market. As we look ahead, we are very confident that we will maintain our leadership position in what is one of the most vibrant wind energy markets in the world today."