Speaking on the orders, Mr. Kamlesh Bhadani, CEO – SEFORGE said: “We are pleased to announce two major third-party orders – the first is of Rs. 120 crore from one of the top three independent wind turbine tower manufacturers for tower flanges, and the second of Rs. 80 crore from one of the world’s top five wind energy players for castings.
“We are witnessing strong growth momentum not only in wind, but also in non-wind sectors like oil and gas, and particularly in markets such as North America. Looking ahead, we expect the oil and gas sector to contribute between 15 and 20 per cent of our forging division’s revenues in FY2012-13. With our cutting edge technology, comprehensive product portfolio and highly competitive offerings, we are well positioned to take advantage of the opportunities in the evolving market place.”
SEFORGE operates two business divisions – Forging, and Foundry. Its state of the art forging facilities in Vadodara, Gujarat, can produce seamless rings of a maximum diameter of 5.2 meters with an annual capacity of about 42,000 rings. The division has established itself as a major supplier of forged and machined rings, used in wind turbine towers, to all major wind players in India. SEFORGE also manufactures rings for use in the oil and gas industry, process industry, steam and gas turbines, as well as for defense and undersea applications.
Its foundry division, based in Coimbatore, Tamil Nadu, is equipped to produce large size castings, with an annual capacity of 120,000 MT. While large sized castings are primarily utilized in the wind turbine industry, the foundry division is also equipped to supply castings to the aerospace, heavy engineering and power industries. The foundry division has established a line of over 30 specialized products for the wind turbine and gearbox industries.
The Suzlon Group is ranked as the world’s fifth largest wind turbine supplier, in terms of cumulative installed wind farm capacity, at the end of 2010. The company’s global spread extends across Asia, Australia, Europe, Africa and North and South America with over 17,000 MW of wind energy capacity installed in 28 countries, operations across 32 countries, a workforce of over 13,000 and revenues of approximately US$ 4 billion.
The Group offers one of the most comprehensive product portfolios – ranging from sub-megawatt on-shore wind turbines at 600 Kilowatts (KW), to the world’s largest commercial 6.15 MW offshore turbine – with a vertically integrated, low-cost, manufacturing base. The Group comprises of Suzlon Energy Limited and its subsidiaries, including REpower Systems SE in which the company currently holds ~95 per cent share. The Suzlon Group is headquartered at One Earth, a 10.13-acre campus in Pune, India, powered 100 per cent by renewable energy. One Earth has achieved Platinum-level LEED certification, the highest level of green-building certification.