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Pune-based company to commission global manufacturing unit
Publish Date : 1/31/2007 12:07:00 PM   Source : Business News ExpressNewsline.com

Pune-based wind energy major, Suzlon Energy Ltd's (SEL) largest comprehensive global manufacturing facility will be commissioned soon in the northern Chinese city of Tianjin, a senior company official said here.

The new facility with an investment of 60 million US dollars in Tianjin's Hi-Tech Industrial Park will manufacture wind energy turbine generator (WTG) and integrate major WTG components like rotor blades, generators, nacelles and control panels.

"We expect to hold a grand opening of our factory in Tianjin before the Chinese Lunar New Year," Chief Representative Officer of SEL in Beijing, Paulo Fernando Soares told PTI here.

The Lunar New Year falls on February 18 this year.

The Suzlon facility in Tianjin which at 250,000 square metres will be Suzlon's largest manufacturing facility to date and one of the largest investment made by an Indian company in China.

"It is a significant move by an Indian company in China," he said.

"We are doing fine in China," he said pointing out that Suzlon has already sold 25 turbines in China even before the company's state-of-the-art facility is commissioned.

Out of the 25 turbines, six of them have already been commissioned in north China's Inner Mongolia Autonomous Region, he said. "We did not want to wait till our own facility was set up. So we rented space and manufactured turbines and other related equipments in China," he said.

Wind power is becoming a very visible sector in China. China's wind power market more than doubled from 200 MW in 2005 to 500 MW in 2006, he said, adding that in 2007 the capacity of the sector could reach up to 1,500 MW.

Asked why Suzlon chose Tianjin as its base in China, Soares said the local government offered excellent facilities and polices to set up operations in the Hi-Tech Industrial Park.

Moreover, Tianjin is close to Beijing, has a big port also close to the wind energy producing regions, he said.

The plant in Tianjin will serve only the Chinese market as per current plans, he said noting that the Chinese wind energy market is expected to boom with government support.

"The wind power market in China has been very active and our decision to set up a state-of-the-art manufacturing facility in China is timely," he said.

"We are confident of becoming a major player in the wind energy sector, especially since the Chinese government is going all out to encourage renewable sources of energy," he said.

China is already the world's sixth largest wind energy market in the world after Germany, Spain, United States, India and Denmark.





Harvard students condemn Oxford University         Publish Date : 3/5/2007 7:11:00 AM  
Two Harvard students, including an NRI, have condemned Oxford University, where they are Rhodes scholars, as "outdated" and "frustrating" and dismissed its world famous Bodleian library as "less than inspiring".

Indian embassy to outsource jobs to American firm         Publish Date : 3/5/2007 7:10:00 AM  
After taking thousands of American jobs through outsourcing, India is planning to give a few back. The Indian embassy in the US capital is planning to outsource processing of visas to a US-based company.

Badal heads 18-member coalition ministry in Punjab(Final lead: Badal)         Publish Date : 3/3/2007 7:29:00 AM  
Octogenarian leader of the Shiromani Akali Dal (SAD) Parkash Singh Badal, on Friday took oath as Punjab's new Chief Minister and will lead an 18-member SAD-Bharatiya Janata Party (BJP) coalition ministry.

Bareilly eunuch adopts a girl child         Publish Date : 3/3/2007 7:22:00 AM  
It was a day of celebration for Saroj, a eunuch in Bareilly in Uttar Pradesh, as 'she' has become a 'mother' by adopting a baby girl.

Kalam offers prayer at Fatehpuri Masjid         Publish Date : 3/3/2007 7:16:00 AM  
Keeping a promise made two years ago, President A P J Abdul Kalam today offered prayers at the historic Fatehpuri Masjid in Chandni Chowk here along with thousands of Muslims.

Union Budget directionless, says Modi         Publish Date : 3/1/2007 8:41:00 AM  
Gujarat Chief Minister Narendra Modi today criticised the Union Budget by terming it as "directionless".

Centre allocates over Rs 100 crore for minority zones         Publish Date : 3/1/2007 8:38:00 AM  
Unfazed by the BJP's criticism over its welfare schemes for Muslims, the Congress-led Central Government has allocated over Rs 100 crore for development programmes in select districts with a sizeable population of minorities.

Kins of political bigwigs fail to find voters' favour         Publish Date : 3/1/2007 8:27:00 AM  
The assembly polls in Punjab turned out to be unkind for several kins of political bigwigs as voters rejected most of them barring some of Shiromani Akali Dal (SAD) supremo Parkash Singh Badal's near and dear ones.

High Court order on age of nursery admission tomorrow         Publish Date : 3/1/2007 8:24:00 AM  
The Delhi High Court today observed that the city Government's submission that a child should be four-years-old to get admission in nursery class was contrary to the law.

Parliament session may be stormy tomorrow on Quattrocchi issue         Publish Date : 3/1/2007 8:18:00 AM  
After the lull, it is going to be storm again in Parliament tomorrow.

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