Senvion forays into India
German wind turbine maker, Senvion has forayed into the Indian market and will be headed by Amit Kansal, Former Commercial Country Manager, Vestas India. The move comes just a year after Indian wind turbine maker Suzlon had sold Senvion to buyout firm Centerbridge Partners for $1.16 billion in an all cash deal, as a part of its plan to cut debt. Senvion, previously known as REpower Systems SE, was bought by Suzlon in a series of tranches totalling $1.4 billion that gave the Indian company full control in 2011. Reportedly Kansal will lead the Senvion office in Delhi as CEO and MD.
In addition to the Senvion R&D Centre in Bengaluru that supports its global TechCenter in Osterrönfeld, Germany, the Senvion India subsidiary will focus on providing high-quality wind energy solutions for Indian wind sites, it in informed.