REpower to set up wind farms in Poland

Image
Press Trust of India Mumbai
Last Updated : Jan 20 2013 | 12:41 AM IST

Wind turbine manufacturer Suzlon Energy today said its subsidiary, REpower Systems, has entered into a contract with a Germany-based company WSB Group to deliver 15 wind turbines in Poland.

REpower Systems, in which Suzlon holds 90.71 per cent stake, has secured the project to supply turbines for a wind farm which would generate 30.75 MW of power, wind turbine maker said in a filing to the Bombay Stock Exchange (BSE).

"We see a lot of potential in Poland market for wind power," REpower Systems AG Chief Executive Officer, Per Hornung Pedersen said.

The turbines are to be constructed and commissioned at the Lipniki wind farm near Opole in south-east Poland by later part of this year.

The WSB Group operates in renewable energy projects. It looks at planning, financing and project implementation of the projects.

Shares of Suzlon Energy today closed at Rs 72.80, down 0.27 per cent from its previous close.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Mar 26 2010 | 7:31 PM IST

Next Story