Suzlon Group’s subsidiary - SEFORGE has secured a major supply agreement with global bearings manufacturer worth Rs 600 crore ($115 mn) for the supply of forged and machined rings used in various types of bearings, including slew bearing rings, over a period of five years.
SEFORGE operates a state of the art forging facility capable of producing seamless forged rings of maximum diameter of 5.2 meters, with an annual capacity of about 40,000 to 60,000 rings at Vadodara in Gujarat. SEFORGE has established itself as a major supplier to all major wind turbine manufacturers in India for the supply of forged rings used in wind turbine towers and bearings. The company also supplies rings to major international players in the oil and gas, power and defense sectors over and above the bearing and wind turbine sectors.
SEFORGE also has a foundry division, based in Coimbatore, with a modern manufacturing facility capable of producing large sizes of castings with an annual capacity of 120,000 MT of castings. Large size castings are primarily supplied to wind industry, and the Foundry division also has potential to diversify into heavy engineering, aerospace and power sector equipment.
Suzlon Energy is leader in wind energy in the India, which is world’s fifth largest wind energy market. Its business model has range of services that include development, manufacturing, marketing, EPC project delivery and operations and maintenance of wind turbine generators around the world.
Company Name | CMP |
---|---|
Havells India | 1660.20 |
Siemens | 6831.15 |
Apar Inds | 10169.40 |
Waaree Energies | 2931.95 |
ABB India | 6960.00 |
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