Suzlon wins 30 MW wind energy order from Altrade Group in Rajasthan

Suzlon Energy Limited (SEL), the world’s third leading and India’s largest wind turbines manufacturer, has won a 30 MW order from Altrade Group through its two group companies – Tarini Minerals Private Limited and M/S Indrani Patnaik.

Suzlon will set up, operate and maintain the wind energy project to be installed at wind farms in the Jaisalmer and Jodhpur districts of Rajasthan. The wind farm project will comprise of 20 units of Suzlon’s S82 – 1.5 MW wind turbines and will be commissioned by January 2011.

Orissa-based Altrade Group focuses primarily on the iron ore mining industry and is further diversifying into the real estate and hospitality sectors. This project is the Group’s maiden venture into wind energy, and once completed will generate enough electricity to power over 6,000 households.

The Group also has plans to register the projects under the Clean Development Mechanism (CDM). The project will extend Suzlon’s leadership of the Rajasthan wind energy market taking the total installed base to over 700 MW.

Mr. Ashok D’Sa, President – South Asia and Middle East – Suzlon Energy Limited, said: “We acknowledge the confidence that Altrade group has placed in Suzlon’s expertise and capabilities in delivering a sustainable and profitable wind power solution. We are happy to contribute to the Group’s green initiative and help them achieve their sustainability goals.”

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 energy investors in India – providing a comprehensive suite of services from wind 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. In Rajasthan alone, Suzlon has an installed base of over 600 MW of wind power.

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. 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.

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 turbines.