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INDIA : Suzlon Group signs a 100 MW contract with CLP, India
Publish Date : 02-Feb-2012
Suzlon Group, the world’s fifth leading and India’s largest wind turbine manufacturer has signed a contract for a 100 MW wind power project with CLP, India. The project comprises 48 units of Suzlon’s latest S97-2.1 MW wind turbines, featuring DFIG technology. The project will be set up in the state of Rajasthan and is scheduled to be commissioned by January 2013. Suzlon will execute the contract under its end-to-end business model. The deal is valued at over Rs. 600 crore (approx. US $122mn).
CLP India is a leading Independent Power Producer (IPP) and has built a portfolio that covers renewable energy, supercritical coal-fired and gas-fired generation, amounting to over 2,715 MW. This new wind energy project, upon completion, will take CLP India’s wind power portfolio to more than 740 MW, reinforcing its leadership position amongst the biggest wind energy IPPs in India.
Mr. Rajiv Mishra, Managing Director, CLP India said: “Accelerated development of the Indian power sector is central to realizing the country’s GDP growth potential and requires investments across all sources of renewable and conventional energy that will help achieve an energy efficient and sustainable economy. Renewable energy sources will play a vital role in building an adequate and responsible power infrastructure over the next few years. Wind has been a key area of thrust for us over the past four to five years and we are committed to growing this part of our portfolio in India by 200 to 300 MW every year. This deal reiterates our intent and efforts in this direction.”
Mr. Mahesh Makhija, Director, Renewables Business Development, CLP India said: “In line with the Group’s Climate Vision 2050, CLP India is committed to reducing carbon emissions to match the agreed global level so that the effects of catastrophic climate change can be minimized. This deal is an important step towards fulfilling CLP India’s commitment to growing its renewables portfolio. We trust Suzlon’s proven expertise, capabilities and the latest S9X turbine technology to deliver expected life cycle value contribution to this project.”
Mr. Tulsi Tanti, Chairman, Suzlon Group said: “This order from CLP India reflects the trust instilled in Suzlon and our latest S9X turbines by a globally renowned utility IPP. We have proven end-to-end capabilities in India, including low cost manufacturing set-up, as well as a strong pipeline of projects in all windy states. Suzlon has the expertise of setting-up and operating over 6,800 MW of wind energy assets. Our dedicated IPP solutions team is experienced and equipped to meet the specific requirement of the IPP segment customers and have been successfully executing many large contracts. “Suzlon is happy to partner with a globally experienced utility IPP like CLP India and looks forward to nurturing a long term relationship”.
