Suzlon to set up 2nd facility in Coimbatore

Suzlon Energy will set up an energy engineering facility over a 250-acre plot about 20 km west of Coimbatore. This could be the largest corporate facility of its kind so far in the southern city of Tamil Nadu.

The upcoming project was, among other things, expected to house a wind turbine components manufacturing and testing facility for rotor blades, an industry source said, without going into specifics of the investments involved.

So far, the Pune-headquartered wind energy major has had a foundry unit operating from Coimbatore. The upcoming expansion will help it widen its manufacturing footprint in south India.

Suzlon, which had already completed the purchase of the required land, was in “advanced stages” of talks with the Tamil Nadu government, industry sources said. The company had submitted documents pertaining to the land purchase procedures of the facility a few days ago, prior to the physical inspection of the proposed site, they added.

Following the physical inspection and approval by state and local authorities, the commerce ministry was expected to give its final go-ahead by mid-December, the sources said. And then, Suzlon was expected to start construction work on the facility by January next year, they added.

The project, which will come up along the L&T bypass road that links Palladam taluk with Tirupur, was given the initial go-ahead by the commerce ministry on October 6, with full benefits accorded to it under the SEZ Act of 2004.

Suzlon, one of the world’s leading wind energy turbine producers, shares more than half of the domestic wind turbines market.

Source: Business Standard