The Tulsi Tanti-controlled wind turbine maker Suzlon Energy and China based Inner Mongolia North Longyuan Wind Power Corporation have formed a joint venture on Tuesday. The JV aims to supply wind turbines of 100 megawatt for a World Bank funded project in China. The company recently bagged order for 80 turbines from Inner Mongolia North Longyuan Wind Power Corporation.

The JV, signed by Chinese Subsidiary of Suzlon Energy, Suzlon Energy Tianjin, would ensure delivery of 80 units of Suzlon's 1.25 megawatt turbines in two lots in the financial years 2010 and 2011.

Paulo Soares, CEO of Suzlon Energy Tianjin, said, "North Longyuan is a joint venture between North Union Power and Longyuan, a leading wind project developer in China. It is one of the largest power developers in China, with Huaneng as a leading shareholder with 51% equity."

The firm had also bagged orders to supply wind turbine generators to Australian firm, AGL Energy, last month for an undisclosed amount.

Shares of world's fifth largest turbine manufacturer increased 2.2% at Rs 39.35 at the Bombay Stock Exchange on Tuesday.