January 31, 2012
Suzlon Group signs a 100 MW contract with CLP, India
The deal value is over Rs. 600 crore (approx. US $122 mn)
Comprises the latest S97-2.1MW wind turbines, featuring the doubly fed induction generator (DFIG) technology
Project to be set-up in Rajasthan by January 2013
Pune: Suzlon Group, the worlds fifth leading* and Indias largest wind turbine manufacturer has
signed a contract for a 100 MW wind power project with CLP, India. The project comprises 48
units of Suzlons 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 Indias 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 countrys 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 Groups 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 Indias commitment to growing
its renewables portfolio. We trust Suzlons 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.
