Suzlon Energy Ltd. (532667.BY) expects robust demand for wind power projects in India for the next few years and is ramping up its project execution capabilities to meet the demand, its chairman said Wednesday.
Suzlon Energy Ltd. (532667.BY) expects robust demand for wind power
projects in
India
for
the next few years and is ramping up its project execution capabilities to meet
the demand, its chairman said Wednesday.
"The demand is there. The challenge is mainly how to expand the
construction capacities," Tulsi Tanti told Dow Jones Newswires in an
interview.
Suzlon also expects to close the buyout of REpower Systems AG (RPW.XE) by the
end of December, Tanti said.
The wind-turbine maker plans to buy the less than 5% stake it currently doesn't
own in
Germany
's
REpower for about EUR63 million, it said in July.
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