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India

India

Batliboi-Foras wins Tamil Nadu order

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A year after its start the Batliboi-Foras joint venture for maintaining wind turbines has won a $240,000 order from a Tamil Nadu client. Since the wind turbines in Muppandal and Coimbatore, which the order included, are still under manufacturer warranty, Batliboi-Foras' Robert Clingensmith declines to reveal the name of his client. But he adds, "We will soon be setting up operations in Gujarat." He said Batliboi-Foras had recently received formal approval from the Foreign Investment Bank for a public issue. The total share capital is to be $200,000.

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