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Suzlon bags 23-MW turbine order from GAIL valued at Rs 1.4 billion

According to reports, Suzlon Energy has bagged an order worth an estimated Rs 140 crore for supply of wind turbines with a cumulative capacity of 23.1 MW to state-run gas utility GAIL (India).

“The order consists of 11 units of Suzlon’s S88 2.1-MW wind turbines, to be commissioned in the states of Tamil Nadu and Karnataka by the end of financial year 2011-12,” Suzlon Energy said in a statement.

Though Pune-based Suzlon Energy did not divulge the value of the order, industry sources said that as a thumb rule, the cost of each megawatt of power derived from a wind turbine is around Rs 6 crore.

Suzlon Energy has frequently received orders from GAIL to supply wind turbines. The latest order is the fourth received by Suzlon Energy from GAIL since the first project was commissioned in March, 2010.

While the first project was of 4.5-MW capacity, the second had generation potential of 14.7 MW and is currently under execution in Gujarat. Last month, Suzlon got another order for turbines with a cumulative capacity of 25.5 MW, to be commissioned in Karnataka.

“We are very pleased to announce our fourth order from GAIL, a Navaratna PSU that has led the way with its approach to climate change mitigation and renewable energy,” Suzlon Energy Chairman and Managing Director Tulsi Tanti said.

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