Suzlon Energy, the world’s fifth largest and India’s largest wind turbine maker has bagged its second order from the Indian Oil Corporation (IOC), a Maharatna PSU and Fortune 500 company, to set up, operate and maintain wind energy projects of 48.3 MW in the state of Andhra Pradesh, India. The order comprises of 23 units of Suzlon’s 588 - 2.1 MW wind turbines, and the power generated will be sold to the local power utility.
Indian Oil Corporation is India’s flagship national oil company and ranked 98th in the Fortune 'Global 500' listing for the year 2010. The energy major has placed strong focus on sustainable energy solutions, with an emphasis on exploring and diversifying into alternative energy sources, including wind.
The Corporation's first foray into wind - a 21 MW wind project in the Kutch district of Gujarat, and also built by Suzlon - came on line in January 2009. This project earned the distinction of being one of the quickest commissioned among large wind projects in the country. The project has been submitted for registration under the CDM mechanism for carbon credits, to be followed by the Andhra Pradesh project.
Suzlon energy is leader in wind energy in the India, which is world’s fifth largest wind energy market. Its business model has range of services that include development, manufacturing, marketing, EPC project delivery and operations and maintenance of wind turbine generators around the world.
