December 02, 2008

Suzlon aiming to reach 5,000 MW capacity

It is reported that Suzlon Energy is targeting to reach 5,000MW capacity installations from the current 2,700MW by March 2008, to become one among the top 4 integrated wind energy manufacturers in the world and as part of this, it is in the process of investing about INR 3,310 crore at its Indian and overseas facilities.

Mr Tulsi R Tanti CMD of Suzlon Energy said that “As per the current ongoing expansion, our capacity will reach 4200MW and after the integration of the recently acquired German wind power turbine maker REpower by the third quarter of 2007-08, our total capacity will touch 5000 MW.”

He added that the acquired Belgian gearbox maker Hansen Transmissions is expanding its manufacturing capacity from about 3600MW to 5800MW with an investment of about INR 800 crore. In India, the capacity is added from 3500MW to 9300MW and the investment is to the tune of INR 980 crore. Suzlon is also setting up a Greenfield forging facility in Baroda with an investment of INR 250 crore, a foundry unit at a special economic zone in Coimbatore for INR 500 crore and a testing facility at Baroda for INR 30 crore. All the capacity additions are targeted to be completed by March 2008.

In the case of wind turbines, Suzlon has 1,500MW capacity in India and 600MW each capacity in China and US and an additional 1,500MW capacity is being added at Udupi in Karnataka with an investment of INR 750 crore.