Suzlon bags 370 MW orders in first three months of 2014

Wind power major will supply turbines for wind farms in Germany, the UK, India, Belgium and other European nations

Press Trust of India New Delhi
Last Updated : Apr 25 2014 | 5:01 PM IST
The Suzlon Group bagged contracts for wind energy capacity of 370 MW in the first three months of this year, with projects spread across Europe and India.

The wind power major will supply turbines for wind farms in Germany, the UK, India, Belgium and other European nations.

In the fourth quarter of 2013-14, the company signed contracts for 370 MW, it said in a statement today.

Also Read

"The orders represent not only the rapid globalisation of our business, but also the value proposition Suzlon has to offer to its clients," Suzlon Group Head (Corporate Finance) Kirti Vagadia said.

Group firm Senvion SE's CEO Andreas Nauen said it has suitable turbines for each individual site in the product portfolio.

"That's why we are optimistic to extend our market share in Senvion's key markets," Nauen noted.

Suzlon has an order book worth about $7.7 billion.
*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: Apr 25 2014 | 4:46 PM IST

Next Story