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Suzlon Energy + RTS Power new Orders

November 19, 2007

Suzlon Energy has informed us that Suzlon Energy Australia, Australia; the step-down wholly owned subsidiary of the company has signed two major new orders in Australia. The contracts totaling over 200 MW of capacity were signed with Sydney’s renewable power ventures and utility major AGL Energy.

The contract with RPV calls for delivery of 63 units of Suzlon S88-2.1 MW wind turbines translating to 132 MW capacity and the wind farm project pertaining to the said supply is scheduled for completion in the first half of 2009. Whereas the contract with AGL Energy calls for delivery of 34 units of Suzlon S88-2.I MW wind turbines and is scheduled for completion by 2009.

RTS Power Corporation has bagged new orders worth Rs 526.76 million for the supply of 4735 transformers and 1621.6 km cables from a number of turnkey orojects and other private sector players and SEBs.

The company has bagged orders worth about Rs 240 million from Kalpataru power transmission for the supply of transformers. Apart from this, the company has bagged orders from Sterling & Wilson, Nagarjuna Construction, Ramky Infrastructure and Associated Transrail Infrastructure. However, the total orders in hand at present stands at Rs 1244.86 million.

To expand new business dimensions, the company has successfully been able to rope in leading private players in the field of T & D namely Kalpataru Power, Nagarjuna Construction, Bajaj Electricals, Emco, Genus Infra, Subhash Projects, Associated Transrail, Jyoti Structures, Indo Power, Sterling & Wilson, Angelique International, K B Const, Samad Engg (Dhaka), etc.

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