Project to be commissioned in FY2012-13

Order comprises 40 units of Suzlon’s S95 – 2.1 MW turbine

Suzlon Group, the world's fifth* leading and India’s largest wind turbine manufacturer, and Continuum Wind Energy, a leading renewable Independent Power Producer (IPP), have entered into a contract for the supply, erection and commissioning of 40 units of S95 – 2.1 MW turbines, corresponding to 84 MW, in FY2012-13.

Speaking on the order Mr Arvind Bansal, CEO, Continuum Wind Energy said: “We are extremely optimistic about the outlook and opportunities in the Indian wind energy market. This project is a part of our plan to be a leading wind IPP with a focus on the development of efficient wind farms. We are happy to partner with Suzlon, with its market leadership in India, end-to-end capabilities across the wind energy value chain, reliable technology, efficient execution and close collaborative approach, towards achieving this goal.”

Mr Rohit Modi, CEO – India and Emerging Markets, Suzlon Energy Limited added: “We are pleased to receive this order from Continuum Wind Energy, and look forward to partnering with the company in its ambitious plans for the wind energy

sector in India. “The IPP segment is set to form an increasingly large part of the Indian wind market with growing participation and investment from domestic and international IPPs. Suzlon, with our strong supply chain base in low-cost geographies, deep market experience and robust technology, is ideally positioned to partner in this growth.”

Mr Tulsi Tanti, Chairman – Suzlon Group said: “This order underscores India’s potential as a wind market and an investment destination. With the country’s ever growing need for energy, wind provides the most sustainable, cost competitive solution there is. With our installations contributing nearly half of the country’s installed capacity, we are partnering with our customers in the development of the sector and the nation.”

The S95 turbine with its 95 meter rotor diameter is part of Suzlon’s S9X suite, which features larger and more efficient rotors, increased hub heights and technology enhancements, like the doubly fed induction generator (DFIG) technology, are designed to harness power efficiently from lower wind speed sites. The S9X suite of turbines has been well received with a contracted capacity of over 1 GW. Key clients include Mytrah Energy (India) Ltd, CLP, ReNew Power Ventures Pvt Ltd, Gujarat Mineral Development Corporation Ltd, Sprott Energy and Cennergi (Pty) Ltd, among others.