Suzlon crosses 5,000 MW of wind power installations in India

26 Mar 2024 , 03:12 PM

Suzlon Energy Limited (SEL), India’s largest wind turbine manufacturer, announced crossing 5,000 MW (megawatt) of cumulative installations in India, underlining the strong momentum in India’s fast growing wind energy market. This cumulative power generation  capacity has the potential to light up four million homes annually; thereby accentuating the key role that Suzlon continues to play in the electrification of India.

Suzlon has cumulatively added over 5,000 MW of wind power capacity for over 1,500 customers in India across 40 sites in eight States. Suzlon accounts for nearly half of the country’s total wind installations. In the key states of Tamil Nadu, Maharashtra and Gujarat, Suzlon’s installation base is over 1,000 MW each. Leading corporates such as the Bajaj Group, the Birla Group, MSPL, DLF, the Tata Group, the Reliance Group, the ITC Group, L&T, as well as public sector companies like GSPL, HPCL, Indian Railways, Rajasthan Mines & Minerals, GACL, GSPC, GSFC, Indian Oil, ONGC and State Bank of India (SBI), amongst others, have chosen Suzlon for their wind power projects.

Suzlon is India’s largest wind turbine manufacturer and has been leading the wind energy market in India for the past 12 years with nearly 50 percent YoY market share. The company has a workforce of 9,000 employees in India, and eight manufacturing facilities across the country. Commenting on this achievement, Tulsi R Tanti, Chairman and Managing Director — Suzlon Energy Limited, said: “In just over a decade, India’s wind market has grown from just around 50 MW per year to nearly 2,000 MW per year, and we at Suzlon are proud to have led this. The 5000 MW milestone for us is a testimony of trust invested in us by all our stakeholders, including our customers, policymakers, regulatory commissions, nodal agencies, utilities, banks, vendors, shareholders and our employees. We thank them all and look forward to their continued support in building country’s backbone for sustainable low carbon economy, and at the same time, bringing energy security, rural development and also mitigating the impact of climate change.

“This achievement is significant, not only for Suzlon, but for India. In our 63rd year of independence, India is on an accelerated growth path with a demonstrated commitment to fight climate change. Under the Prime Minister’s National Action Plan for Climate Change, India has a target to source 15 per cent of electrical power from renewables by 2020. We have already secured one fourth of our target, and wind is the highest contributor at ~70 per cent of the country’s total grid connected renewable power capacity; this is a testament to Suzlon’s accomplishment, and marks an important milestone in India’s commitment to building a low carbon economy. Currently, Suzlon installations in India help in mitigating 8.5mn metric tons of harmful CO2 emissions.”

India is the world’s fifth biggest wind market with a cumulative installed base of over 12,000 MW. The total estimated onshore wind power potential in India, as per data from the Ministry of New and Renewable Energy (MNRE) is over 48,000 MW. The sector is poised for accelerated growth driven by demand for power, strong support for renewables by the Government, a sound policy framework and a positive investment outlook for our customers.