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Suzlon Energy signs first South African wind turbine deal

Suzlon Energy signs first South African wind turbine deal
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First Published: Fri, May 27 2011. 12 48 PM IST
Updated: Fri, May 27 2011. 12 48 PM IST
Johannesburg: Indian wind turbine manufacturer Suzlon Energy has signed its first South African deal for supplying turbines and is in talks with four more clients here.
Suzlon is also looking at South Africa as a possible manufacturing base to join the ones it already has in India, China, Germany and Brazil, but chief executive Tulsi Tanti said it was still too soon to provide further details of this.
Tanti was in South Africa to ink the deal with African Clean Energy Developments (ACED) for a proposed wind farm in the small rural town of Cookhouse in Eastern Cape Province.
The deal is conditional to the Cookhouse project developers concluding an agreement to purchase the power generated at the tariffs for renewable energy being offered by South Africa.
Once the power purchase agreement has been signed, the Cookhouse project would take about 12-15 months to complete.
There was great optimism about the Cookhouse project because it is among few to have received the nod from the ministry of environmental affairs.
Silas Zimu, chief executive of Suzlon’s South African subsidiary, called the Cookhouse venture “arguably the lead project in South Africa in terms of quality and development timelines”.
Tanti said Suzlon was keen to play a part in South Africa’s objective of generating 8,400 MW of wind power by 2030 and is in talks with four more clients here.
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First Published: Fri, May 27 2011. 12 48 PM IST