Suzlon plans Rs 1500 cr investment to set up mfg plants

Mumbai, July 18 (UNI) Suzlon Energy, a leading power company has announced a Rs 1500 crore investment plan to set up integrated manufacturing facilities in India to cater to increasing export market share and demand.

The proposed facilities are planned at strategic locations close to the ports for manufacturing of wind turbines with aggregate capacity of 1,500 MW and Vertical integration through Foundry, Forging and Machining unit (FFM), said a Suzlon press release here.

The above decision was taken at the meeting of Board of Directors held on July 18, 2006, it added.

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