Wind Energy
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  Wind Energy      
 
In our wind energy business, we focus on providing integrated solutions for our clients in India and abroad, which include the development and manufacture of WTGs, identification of suitable sites for wind farms, technical planning, infrastructure development, installation and commissioning of WTGs, connection to power grids and after-sale O&M services for WTGs supplied by us.

To leverage on our strengths and expertise in manufacturing biomass-based power plants, we began marketing WTGs manufactured by third-party WTG manufacturers in 2004. In September 2006, we received approval and certification of Deutsches Wind Energie-Institut GmbH for the design of our 250KW-class WTG, after which we started manufacturing and selling our own 250KW WTGs. In April 2007, we received ISO9001:2000 certification from DAS Certification Ltd. for the manufacture, supply, installation, commissioning, maintenance of wind turbines and development of wind turbines. Certain members of our senior management in this division have been active in the wind energy industry since 1993. As of March 31, 2008, we have supplied and/or installed more than 140 250KW WTGs in various prime wind sites in India.

With a view to pursuing growth opportunities for WTGs in India and in the global market, we have taken initiatives to broaden our WTG product portfolio by focusing on the manufacture of higher capacity MW-class machines. We have entered into two joint ventures with Leitwind, a Netherlands company that has developed certain proprietary technology used in WTGs, to broaden our WTG product range. Leitwind is a leader in ropeway systems and has developed permanent magnet-based drive technology, which is the key component used in WTGs.

Leitner Shriram, which is owned 51% by Leitwind and 49% by the Company, was formed on January 10, 2007 with the purpose of manufacturing MW-class wind turbines. We expect Leitner Shriram to commence manufacturing of 1.35 MW WTGs in October 2008. With effect from April 1, 2008, the 250KW  WTG business of Shriram EPC has been merged with with Leitner Shriram JV.

Wind Energy -Future
  • Entering MW class machine business
  • Formed JV with Leitner Group
  • Will manufacture turbines in India
  • Export from India
  • Target 100 MW in 2008-09
  • 250+ MW by 2011
 
 
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