Suzlon "the-wind-powered" Energy
Monday, June 04, 2007
This company has created waves of curiosity in my mind ever since i read about it taking over REpower and Areva (the windmill biggies in Europe) and about Tulasi Tanti (chairman of this firm) being 8th richest Indian. One thing that was surprising to me was a wind power business is so powerful in the world of Software boom. So just out of curiosity, I landed up to the website of Suzlon Energy Limited.
Here's what I got to read.
Suzlon Energy Limited traces its roots back to 1995, when the company took its first step on the renewable energy stage with its incorporation. Suzlon began its journey to the forefront of the wind energy industry with a small but significant project to supply wind turbine generators for a 3.34 MW windfarm project in Gujarat, India. In little over a decade, Suzlon has grown to rank as the world's 5th leading, and India's and Asia's leading manufacturer of wind turbines, with over 2,000 MW of wind turbine capacity supplied in India and across the world. The company registered revenues of USD 867 million, and a net worth of USD 617 million, CFS FY 2006, with a current order book exceeding USD 1.7 billion.
Suzlon is today a major force in the global wind industry, from humble beginnings in 1995, to ranking 5th worldwide, over 6% of the global market share in just over a decade. Already among the top five, Suzlon aims to rank amongst the top three wind power companies in the world by leveraging technological leadership and commercial acumen to exceed customer expectations. With its people strength, aggressive vertical integration strategy, strong R&D program, expanding manufacturing capability and a clear focus on global high growth markets, Suzlon is poised for continue its story of breathtaking growth the world over.
Well, I would love to work in a company like this after I complete my MBA. It will be one of the biggest growth opportunity for me. And besides it will be a chance for me to work in my topic of interest (non conventional energy).