Suzlon Energy Plans Worldwide Expansions

April 15, 2006—Wind energy company Suzlon Energy plans to expand capacity by 4,200 MW and is scheduled to complete the project by June 2007.

Suzlon will also open an innovation center in Denmark, focusing on concepts such as materials technology, logistics cost, management areas and technology innovations for its turbines.

The company plans to extend the capacity of its gearbox manufacturing operation in Belgium (formerly Hansen Transmissions) from the 3,300 MW at present to 4,500 by the end of the fiscal year. Suzlon's two manufacturing facilities in the U.S. and China will be operational by September 2006.

The proposed 1,500 MW wind energy project at Udipi will be operational by June 2007 and expansions in India include establishment of a forging and machining facility at Baroda and a foundry at Coimbatore.