REpower bags wind farm project from French firm

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Press Trust of India Mumbai
Last Updated : Jan 20 2013 | 12:36 AM IST

REpower Systems, in which wind turbine manufacturer Suzlon Energy holds a majority stake, has received three orders from France-based Akuo Energy SAS for supplying wind turbines.

REpower has signed three agreements for the supply of 25 wind turbines from Akuo Energy SAS that would generate 51.25 MW of power, Suzlon, which holds 90.71 per cent stake in REpower, said in a filing to the Bombay Stock Exchange today.

The company has not disclosed the financial details of the order.

"France is a very important market for the wind industry, where REpower is a strong and key player. We are pleased with REpower's new order with Akuo, and are confident that this will be the foundation for a strong long-term relationship," Suzlon Energy Chairman and Managing Director Tulsi Tanti said.

The project would be executed by the French subsidiary REpower SAS. The company would be responsible for delivery, commissioning and services of the turbines.

"We have already set up several wind farms in the region (France) and are pleased to work with Akuo for the first time. We are confident that this will be the first step towards a global partnership," REpower CEO Per Hornung Pedersen said.

The first set of wind turbines for the wind farm would be delivered and commissioned by August 2010.

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First Published: Feb 24 2010 | 11:22 AM IST

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