Suzlon unit REpower bags contracts from Germany

Wind turbine maker Suzlon Energy today said its subsidiary REpower Systems SE has bagged

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orders for setting up windfarms totalling a capacity of 266 MW in Germany.

"REpower Systems SE, a wholly owned subsidiary of the Suzlon Group has signed contracts to deliver 103 wind turbines with a total capacity of over 266 MW for 24 community wind farm projects in the Schleswig-Holstein region of Germany," the company said in a statement.

However, the company did not elaborate on the financial details of the contracts.

The contracts were concluded with different contractors, who were previously represented by a purchasing association.

REpower signed a primary memorandum with the purchasing association Schleswig-Holstein GmbH Wind, in December 2012.

The projects will employ various types of turbines and 11 wind turbines of the signed projects are already in the implementation phase and are to be commissioned quickly, the statement said.

The other projects will be completed by 2015, it added.

"With these contracts, we are significantly expanding our position in Northern Germany. This is only possible because we have a suitable turbine for each individual site in our product portfolio. We have the ability to implement the interests of customers optimally with our staff on site," Andreas Nauen, CEO of REpower Systems SE.

Shares of Suzlon were trading at Rs 9.67, up 2.44 per cent on the BSE.

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