Suzlon receives 37.8 MW wind power order from Serum Institute of India

Suzlon Energy Limited (SEL), the world’s third leading and India’s largest wind turbines manufacturer, has won a order from Serum Institute of India Limited to set up, operate and maintain a 37.8 megawatt (MW) wind energy project at Jaibhim in Dhule-Nandurbar wind farm in Maharashtra.

The wind farm will comprise of 18 units of Suzlon’s S88 – 2.1 MW wind turbines – enough to power more than 8,000 households. Serum Institute of India Limited (wholly owned by the Poonawalla Group) has made great strides from its humble beginnings in 1966; today, they are established as the world’s largest producer of Measles and DTP group of vaccines.

The wind power project is Poonawalla Group’s second order with Suzlon and is set to be commissioned by March 2011. Dr. Cyrus S. Poonawalla, Chairman, Serum Institute said: “In all our initiatives we have partnered with the best and this is no exception. We believe that Suzlon with its rich experience will help Serum in its goal to contribute to the conservation of environment at large. We have complete faith in Suzlon’s reliable technology, efficient execution and close collaborative approach and we look forward to building a successful project.”

Mr. Tulsi R Tanti, Chairman and Managing Director, Suzlon Energy Limited, said, “The Poonawalla Group has been a visionary in many fields and green energy is no exception. This is the second order by them and it brings to the forefront their commitment to utilize wind energy across all their operations. It also highlights our value proposition and ability to deliver across all industry verticals. We acknowledge with gratitude the confidence reposed by Serum in Suzlon and look forward to strengthening our relationship with the group.”

Suzlon, the leader in the Indian wind energy stage, has maintained market leadership by capturing ~50 per cent market share for 12 consecutive years. Suzlon offers the concept-to-commissioning business model to wind power investors in India – providing a comprehensive suite of services from turbine supply, to EPC, lifetime operations and maintenance and other value added services covering the entire value chain.

The success of the model is seen in Suzlon’s rapid growth in India – with over 40 sites across eight states, and an installed base more than 5,000 MW and a customer portfolio that captures the leaders of the Indian Industry.

Suzlon Energy Limited ranked as the world’s third leading wind turbine supplier in terms of market share in 2009. Suzlon has its corporate office in Pune, India. The company’s global spread reflects in its projects and markets portfolio -extending across Asia, Australia, Europe and North and South America. Suzlon is a highly vertically integrated wind turbine manufacturer with manufacturing capability along the full value chain – from components to complete wind turbine systems.

Suzlon and REpower, if taken together, stand as the world’s third leading wind turbine supplier group in terms of market share. Market share of 9.8 per cent is derived from BTM Consult ApS World Market Update 2009, ranking Suzlon with 6.4 per cent of global market share and REpower with 3.4 per cent of global market share.