India, a growing market for wind energy

The company said the wind turbines orders received between October 22 and December 22, represented a strong customer mix, covering public sector undertakings (PSUs), large corporates and small and medium enterprises (SMEs). The order sizes ranged as small as 0.6 MW to 20 MW. The orders have come during the time when the industry particularly the capital goods sector witnessed low growth.

Tulsi Tanti, chairman and managing director, Suzlon group, said the company sees India as a fastest growing market in the wind energy sector. “The orders underscore the vibrant and rapidly growing Indian wind power sector. With an ever increasing need for energy, and technology making it possible to profitably harness low wind sites.”

They key wind farm projects that were finalised include that of Malpani group, Rajasthan Gums, Gujrat Power Coporation Ltd and Sterling Agro group.

The company has finalised an order of 15.6 MW with Rajasthan Gums and an order of 10.5MW with Gujarat Power Corporation Ltd.

“The total estimated onshore wind power potential in India, as per the Ministry of New and Renewable Energy (MNRE), stands at over 49,000 MW. The sector is poised for accelerated growth driven by demand for power, strong support for renewables by the Government’s sound policy framework and a positive investment outlook,” read company statement.