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Suzlon Group subsidiary REpower Systems SE, has concluded a contract with P.E. DEUS EX S.R.L., a project company (SPV) of WSB International GmbH, to deliver eight wind turbines to Romania.
The Hamburg-based wind turbine manufacturer has also founded REpower Systems DTE Romania SRL, a Romanian subsidiary headquartered in Bucharest, marking the company’s entry into the Romanian market.
The REpower 3.2M114 turbines, each with a rated power of 3.2 MW, a hub height of 93 metres and a rotor diameter of 114 metres, are for a wind farm project near Margineni (Neamt county, Romania) to be constructed and commissioned by autumn 2013.
REpower has already concluded several contracts for projects in Poland and the Czech Republic with the parent company and owner, WSB Neue Energien GmbH.
“We are pleased to be working with WSB International GmbH as an experienced partner to implement our very first project in Romania,” Jan Gasche, Managing Director of REpower Systems DTE Romania SRL, said adding that “The Romanian market boasts tremendous potential that we want to take advantage of.”
At 10.40 a.m., Suzlon shares were trading up marginally at Rs 15.70 on the BSE.
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