In January this year, Suzlon, had signed an agreement with Hindustan Zinc Limited, a Vedanta Group company and the world’s largest producer of zinc, to set up, operate and maintain 150 megawatt (MW) of wind power projects across the states of Karnataka, Maharashtra, Rajasthan and Tamil Nadu.
The project entails a total investment of approximately Rs. 865 crore (~USD 191 mn). The cumulative capacity of 150 MW was scheduled to be completed in two phases – the first 50 MW by March 2011, and remaining 100 MW progressively by September 2011 and was to be supplied with a mix of Suzlon’s S82–1.5 MW and S88–2.1 MW wind turbine models.
According to the company, 48 MW of the 150 MW expansions in wind power generation capacity announced in January 2011 was commissioned during the quarter (January-March 2011), and the remaining 102 MW is expected to be commissioned in FY2011-12. Post the expansion, the Company’s wind power generation capacity will increase to 273 MW.
Sterlite Industries (India) in unaudited consolidated results for the first quarter ended 30 June 2011, mentioned that the expansion in wind power generation capacity to 273MW is progressing well and is on schedule for completion by Q2 FY2011-12 as planned.