Wind power major Suzlon Energy, which recently took complete control of its German subsidiary REpower, will focus on value engineering to remain competitive and has set a target of bagging USD 1 billion worth of new orders every quarter for the next few years. It is working on value engineering by introducing new products like the S9X series of turbines that will not only enable it to reduce cost, but also give us a competitive advantage in the market. Currently, the Pune-based world's fifth largest wind turbine maker's order-book stands at USD 7 billion and has a topline of USD 5 billion. The company has created the S9X suite of low wind speed turbines - S95 and 7, with a 2.1 MW rating for all markets, which is an advancement over the successful S88 wind turbines. The 2 MW-class turbines come in two variants of 90-m and 100-m hub heights and the rotor diameter of 95 m and 97 m. Suzlon has already received orders for 800 MW for its this new turbine. Suzlon has also started working on manufacturing products in the 9X suite, with a capacity of 3 MW and 6 MW. While the 2 MW turbines are designed for developing markets, the 3 MW will cater to the developed markets and the 6 MW for the offshore markets. On its USD 1.28-billion order from Britain's Caparo Group to generate 1000 MW, 500 MW worth of capacity will be commissioned in this fiscal, while another 500 MW will be commissioned within the following year. Suzlon, present in 32 markets with an installed capacity of 18,000 MW (7000 MW in the country), recently bagged USD 6.5-billion worth orders for the next three years, making it the biggest order in the area.
Company Name | CMP |
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Havells India | 1659.10 |
Siemens | 6839.50 |
Apar Inds | 10157.20 |
Waaree Energies | 2928.55 |
ABB India | 6961.05 |
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