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| Suzlon inks Rs 2,500 cr orders for 400 Mw |
| Press Trust of India / Mumbai Apr 02, 2009, 18:16 IST |
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Wind turbine maker Suzlon Energy said it has signed close to 400 Mw of orders for equipment supply in the past one month, having a cumulative deal value of Rs 2,200-2,500 crore.
"In the last one month, we've signed orders close to 400 Mw. The value of these deals is between Rs 2,200 and Rs 2,500 crore," Suzlon Energy Chief Operating Officer Sumant Sinha told PTI here.
BSE-listed Suzlon is the world's fifth largest wind turbine maker and third largest supplier.
Over the past month, the company signed agreements with Australia's AGL Energy, China's Inner Mongolia North Longyuan Wind Power Corporation, Sri Lanka's Senok Wind Power and with US-based Duke Energy, many of them being repeat orders.
"The US market has not been very good in the last couple of months. Not many orders have been placed during this time. They (deals signed with US companies) represent an important step forward in the challenging economic environment we are working in," Sinha said.
Suzlon intends to capitalise on the aggressive targets for renewable energy set by countries like China, one of its major markets.
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