The Hindu Business Line : Suzlon's US subsidiary bags turbine contract

Mumbai June 6 Suzlon Wind Energy Corporation, the US-based subsidiary of Suzlon Energy A/S of Denmark, has won a wind-turbine contract that could be worth between Rs 3,200 crore and Rs 3,700 crore.

The order is for the equivalent of 630 MW from the California-based Edison Mission Group (EMG). It constitutes the single largest deal won by the Suzlon group so far, said the statement from the company.

The two-phase contract calls for delivery of 315 MW of turbine capacity in 2008 and another 315 MW of capacity in 2009, which along with previous purchases brings EMG's total committed Suzlon turbine capacity to over 1,000 MW, making it Suzlon's biggest customer.

"This repeat order brings EMG's total committed capacity to a Suzlon company record of 1,000 MW," said Mr Andris Cukurs, CEO of Suzlon Wind Energy Corporation, based in Chicago, Illinois.

Major player

"Suzlon has quickly become a major player in the US market and it is largely due to the renewed commitment we've received from EMG since 2003," said Mr Andre Horbach, CEO of Suzlon Group, from Suzlon's global management headquarters based in Amsterdam, The Netherlands.

The agreement includes a five-year contract for service and warranty in 2008. The turbines will be sited at various wind farm locations across the US, which were yet to be announced, said the statement.

Suzlon has a combined manufacturing base of 2,700 MW of annual capacity, and is undertaking an expansion programme to expand its base to 4,200 MW of capacity by end of financial year 2008.

More Stories on : New Business | Non-conventional Energy | Suzlon Energy Ltd

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page