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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
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.

"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.

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First Published: Apr 25 2014 | 4:46 PM IST

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