Suzlon subsidiary bags Rs 367 crore contract from wind turbine manufacturer

By Editor


Suzlon subsidiary bags Rs 367 crore contract from wind turbine manufacturer

By Greentech Lead Team: Suzlon Energy announced that its
subsidiary Seforge has signed a purchase agreement with a wind turbine
manufacturer for the supply of machined tower flanges, used for wind towers,
over a period of three years. The Rs 367 crore ($75 million) contract includes
supply of flanges for wind turbine towers for projects in India and
international markets.

“This agreement, alongside recent agreements with
other tower manufacturers and a large European bearing producer, highlight
Seforge’s growing presence as an independent part supplier to wind and related
industries. We project that by FY13 50 percent of the our sales will be from
companies outside the Suzlon Group,” said Kamlesh Bhadani, CEO, Seforge.

Seforge will supply forged rings used in wind turbine
towers and bearings to all major wind turbine manufacturers in India. Its
forging facility at Vadodara, Gujarat is producing forged rings of maximum
diameter of 5.2 meters, with an annual capacity of between 40,000 to 60,000

The three long-term agreements signed by Seforge in the
last few months together will consume around 40 percent of Seforge’s forging
capacity for the next three years.

“This is a very important order that underscores our
collaborative relationship with other major wind turbine companies the world
over. With wind contributing a mere three percent to the world’s energy grid
today, we as an industry has an enormous opportunity before us to become a central
pillar of the energy mix of the future,” said Tulsi Tanti, chairman,
Suzlon Group.

Recently, Suzlon Group announced 
the completion of testing and certification of its S95 STV (Standard
Temperature Version) turbine in its 50 Hz and 60 Hz variants.

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