Sunday, October 2, 2011

Suzlon subsidiary gets massive orders

Wind Turbines manufacturer Suzlon's subsidiary Seforge (which is one of the largest casting and forging companies in Asia) has got orders worth Rs 200 crore for wind energy equipment. (120 Cr. for tower flanges and 80 Cr.  for wind turbine casings).
This is yet another example that illuminates that the fact that foreign investments in the Wind Energy sector in India are at an all - time high. Not more than few days ago, investment banking giant Goldman Sachs decided to invest USD 200 million (1000 Crore rupees) in Suzlon Wind Energy.

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