Suzlon gets Rs 1000 crore order

Suzlon Energy (Tianjin) Limited (SETL), the Chinese subsidiary of the Pune based wind energy equipment manufacturer Suzlon Energy Limited, has secured orders totaling nearly 200 Mw of capacity for wind farm projects in China, worth over Rs1000 crore.

The first order from Ao Lu Jia New Energy Development, a Sino-Norwegian joint venture and partially owned by Norway’s NBT AS, is to deliver 148.5 Mw of wind turbine capacity through 99 units of 1.5 Mw turbines for use in three wind farms. NBT AS plans to develop 588 Mw of capacity by the end of 2010 in Jilin, Heilongjiang, and Inner Mongolia provinces.

Deliveries for the first wind farm are scheduled for shipment during the second quarter of 2008-09, said a Suzlon press release.

Another order from Beifang Longyuan (North Union), part of China’s North Union Group which develops power projects in Inner Mongolia, is to supply 50 Mw of wind turbine capacity through 40 units of 1.25 Mw turbine capacity.

China is an extremely important market for Suzlon. With our integrated manufacturing facility in Tianjin, Suzlon is poised to be a key player in this rapidly growing market," said Paulo Fernando Soares, chief executive officer of SETL.

China the second largest wind energy market with nearly 17 per cent of the global market, behind the United States. China’s wind energy market grew at a rate of 127 per cent in 2006-07 and with a three-year-average of 97 per cent. It added 3,287 Mw in wind capacity in 2007, a major increase over 2006 installations of 1,334 Mw, taking the cumulative installed capacity for the market to 5,875 Mw, said the release.

The Chinese wind energy market is expected to install another 36,500 Mw projected between 2008 and 2012.

Suzlon is ranked as the world’s fifth leading wind turbine manufacturer with over 10.5 per cent of global market share in 2007. It has a combined manufacturing base of 2,700 mw of annual capacity, and is undertaking an expansion program to expand its base to 5,700 Mw of capacity in 2008-09.