Suzlon bags $1.28bn order to build 1 GW of wind power in India

Suzlon Energy has received a $1.28bn order from Caparo Energy to develop 1 GW of wind power projects in India .

The projects will produce 500 MW of energy from March 2012 with a further 500 MW added by the same month the next year. The deal was signed with a Caparo Energy subsidiary Caparo Energy India which already develops wind power projects in India .

Mr Tulsi Tanti founder chairman of the Suzlon group said that "This has been a strong year for wind in the Indian power market. With large players like Caparo entering the market, we are seeing independent wind power producers becoming a major force."

Caparo Energy is a Channel Island registered firm and listed on London 's junior Alternative Investment Market. Suzlon projects now generate some 15 GW of wind energy capacity in 25 countries worldwide.

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