Suzlon Energy, the largest wind energy producer in the country, is aiming to set up a production facility near Madurai with an investment of about Rs 50 crore. This facility will manufacture rotor blades for low-wind turbines and will become operational in 2012.
The company’s net loss for the second quarter of the current fiscal has narrowed at Rs 19.39 crore whereas the same was loss at Rs 89.05 crore for the quarter ended September 30, 2010. The company’s total income for the quarter has recorded growth of 72.57% at Rs 2029.41 crore whereas the same was at Rs 1176.02 crore for the second quarter of the previous year.
Suzlon is a pioneer in providing end-to-end wind power solutions for increasing demand for wind energy over the world. It has state of the art R & D centers and training campuses in India. It believes in combining global experience with local expertise to maximize techno-economic value for their clients.
