Suzlon receives 48.3 MW wind energy order from Indian Oil

Suzlon Energy Limited (SEL), the world’s fifth largest and India’s largest wind turbines manufacturer, has won a second wind power order from the Indian Oil Corporation Ltd. – a ‘Maharatna’ PSU and Fortune 500 company – to set up, operate and maintain wind farm projects of 48.3 MW in the state of Andhra Pradesh, India.

The wind farm order comprises of 23 Suzlon’s S88 – 2.1 MW wind turbines, and the wind power generated will be sold to the local power utility. Indian Oil is India’s flagship national oil company and ranked 98th in the Fortune ‘Global 500’ listing for the year 2010. The energy major has placed strong focus on sustainable energy solutions, with an emphasis on exploring and diversifying into alternative energy sources, including wind energy.

The Corporation’s first foray into wind power – a 21 MW wind farm in the Kutch district of Gujarat, and also built by Suzlon – came on line in January 2009. This wind farm earned the distinction of being one of the quickest commissioned among large wind farm projects in the country.

The wind power project has been submitted for registration under the CDM mechanism for carbon credits, to be followed by the Andhra Pradesh wind farm.

Speaking on the order, Mr. Tulsi R. Tanti, founder, Chairman and Managing Director – Suzlon Group, said: “This is Indian Oil’s second project with Suzlon, and we are extremely pleased to build on the trust and confidence placed in us and look forward to a long association. Indian Oil is a key pillar of India’s energy infrastructure and plays a critical role in fueling the country’s economic growth. Indian Oil has set a benchmark for the industries – not only in public sector but also the private sector – with its conscious choice of wind to secure its own energy needs and mitigate global warming.”

The Suzlon Group is ranked as the world’s fifth largest wind turbine supplier, in terms of cumulative installed capacity, at the end of 2010. The company’s global spread extends across Asia, Australia, Europe, Africa and North and South America with over 17,000 MW of wind energy capacity installed in 28 countries, operations across 32 countries, a workforce of over 13,000 and revenues of approximately US$ 4 billion. The Group offers one of the most comprehensive product portfolios – ranging from sub-megawatt on-shore wind turbines at 600 Kilowatts (KW), to the world’s largest commercial 6.15 MW offshore wind turbine – with a vertically integrated, low-cost, manufacturing base.

The Group comprises of Suzlon Energy Limited and its subsidiaries, including REpower Systems SE in which the company currently holds ~95 per cent share. The Suzlon Group is headquartered at One Earth, a 10.13-acre campus in Pune, India, powered a 100 per cent by renewable energy. One Earth has achieved Platinum-level LEED certification, the highest level of green-building certification.