Visit windpowermonthlyevents.com for the latest on our upcoming conferences and webcasts

India

India

Schneider Electric buys Canadian Xantrex

Construction of Hansen Drives' wind turbine gearbox facility in Coimbatore, India, is on track for start-up later this year. Hansen, based in Belgium, expects to invest $360 million over the next five years to bring the facility up to full capacity: production of 2500 gearboxes a year for 1.5-3 MW turbines to provide for 5000 MW of new capacity annually by April 2011. A further plant in China under construction will produce 3000 MW at full capacity by 2011. Meanwhile, Hansen is reported to be eyeing India's second largest industrial gearbox manufacturer, Shanthi Gears, as a potential takeover target. Shanthi extended its business into wind power a year ago and is planning a liaison office near Düsseldorf, Germany. It makes gears for the textiles, sugar and chemical industries. The privately held company denies reports that it is talking to Hansen. Hansen and its majority owner, Indian wind turbine maker Suzlon, refuse to comment.

Have you registered with us yet?

Register now to enjoy more articles
and free email bulletins.

Sign up now
Already registered?
Sign in

Before commenting please read our rules for commenting on articles.

If you see a comment you find offensive, you can flag it as inappropriate. In the top right-hand corner of an individual comment, you will see 'flag as inappropriate'. Clicking this prompts us to review the comment. For further information see our rules for commenting on articles.

comments powered by Disqus

Windpower Monthly Events

Latest Jobs