The project would consist of three units of Suzlon’s S82 -- 1.5 MW turbines and two units of Suzlon’s S88 -- 2.1 MW generators and was slated to be commissioned by 30 March 2010.
It may be noted that this was the first order received by Suzlon from Larsen and Toubro group. The project would be set-up in Tamilnadu for L&T IDPL and the power generated from this project would be wheeled for captive use at Larsen and Toubro facilities in Tamilnadu under an energy wheeling agreement with the TNEB.
The project would benefit Larsen and Toubro group due to the savings in comparison with the prevailing commercial power tariffs in the state. Also, carbon credits would keep the project viable.
Commenting on the wind energy project, Larsen and Toubro -- Developmental Projects sector executive vice-president K Venkatesh said being a technology-driven company offering a wide range of high-tech solutions, services and products with a strong commitment towards sustainability, the company’s investment with Suzlon in wind energy was based on not just lowered cost of power, but also the environmental aspects like conserving resources and helping mitigate climate risks.
Further, he said Suzlon has been a global leader in the wind energy sector and offered a ‘collaborative approach’ to the project. ‘We look forward to a rewarding experience in this new project as the bedrock for future renewable investments,’ he said.
Larsen and Toubro was a pioneer in the field of technology, engineering, construction and manufacturing. As a tech-driven group, the company has garnered wide expertise in covering large process plants, construction, electrical distribution, electronics and information technology among many others. L&T IDPL has growing presence in the transportation and urban infrastructure space in the country.
Speaking on the project win, Suzlon Energy Ltd president I C Mangal said, ‘we take pride in this order from Larsen and Toubro and look forward to strengthening the relationship in the future.
This order underlines our unique value proposition offering expertise across the value chain from concept to commissioning of wind projects helping clients achieve energy security and mitigate carbon emissions which would lead to a sustainable business model.’
The Sankaneri wind park in Tamilnadu set up by Suzlon is the largest such facility in the country with more than 700 MW already installed and further development under way.
Tamilnadu with its strong industrial base and support for renewable energy has been a leading producer of wind energy and the company has a total installed base of 1,380 MW across the state.
Moreover, Suzlon enjoyed a market share of over 50 per cent in the wind energy sector and offered a concept-to-commissioning business model to wind energy investors in India with a suite of services from turbine supply to EPC, lifetime operation and maintenance, liaison and other services covering the entire value chain.
The success of the model could be seen in Suzlon’s rapid growth in India with over 40 sites in eight states and an installed base of nearly 4,800 MW servicing a customer portfolio that captured the top corporate houses in India.