Financial Analysis on Suzlon Energy
INTRODUTION
SUZLON ENERGY LTD
Suzlon is a vertically integrated wind power company. Suzlon delivers end-to-end wind power solutions from assembly, installation to commissioning. The company manufactures blades, generators, panels, and towers in-house, as well as gearboxes through its partial ownership of Hansen Transmissions and state-of-the-art large or offshore turbines through its subsidiary RE power. The company is integrated downstream and delivers turkey projects through its project management and installation consultancy, and operations & maintenance services. Suzlon is a multinational company with offices, R&D and technology centers, manufacturing facilities and service support centers spread across the globe. Suzlon Energy Limited (SEL), India’s largest wind turbine manufacturer, announced crossing 8,000 MW (megawatt) of cumulative installations in India, underlining the strong momentum in India's fast growing wind energy market. This cumulative power generation capacity has the potential to light up four million homes annually. Suzlon has cumulatively added over 8,000 MW of wind power capacity for over 1,600 customers in India across 40 sites in eight States. Suzlon accounts for nearly half of the country’s total wind installation. . Suzlon is India's largest wind turbine manufacturer and has been leading the wind energy market in India for the past 12 years with nearly 50 percent YoY market share. The company has a workforce of 9,000 employees in India, and eight manufacturing facilities across the country.
CHAPTER – I
PROFILE OF THE COMPANY
HISTORY
The Company was incorporated in 1995 by Tulsi Tanti. Tulsi Tanti was primarily in the textile business and was introduced to wind energy through a wind power project that he had commissioned for his textile factory. The first subscribers to the Memorandum were the family members and friends of Tulsi Tanti.
The Company entered into a technical collaboration agreement in 1995 with a
SUZLON ENERGY LTD
Suzlon is a vertically integrated wind power company. Suzlon delivers end-to-end wind power solutions from assembly, installation to commissioning. The company manufactures blades, generators, panels, and towers in-house, as well as gearboxes through its partial ownership of Hansen Transmissions and state-of-the-art large or offshore turbines through its subsidiary RE power. The company is integrated downstream and delivers turkey projects through its project management and installation consultancy, and operations & maintenance services. Suzlon is a multinational company with offices, R&D and technology centers, manufacturing facilities and service support centers spread across the globe. Suzlon Energy Limited (SEL), India’s largest wind turbine manufacturer, announced crossing 8,000 MW (megawatt) of cumulative installations in India, underlining the strong momentum in India's fast growing wind energy market. This cumulative power generation capacity has the potential to light up four million homes annually. Suzlon has cumulatively added over 8,000 MW of wind power capacity for over 1,600 customers in India across 40 sites in eight States. Suzlon accounts for nearly half of the country’s total wind installation. . Suzlon is India's largest wind turbine manufacturer and has been leading the wind energy market in India for the past 12 years with nearly 50 percent YoY market share. The company has a workforce of 9,000 employees in India, and eight manufacturing facilities across the country.
CHAPTER – I
PROFILE OF THE COMPANY
HISTORY
The Company was incorporated in 1995 by Tulsi Tanti. Tulsi Tanti was primarily in the textile business and was introduced to wind energy through a wind power project that he had commissioned for his textile factory. The first subscribers to the Memorandum were the family members and friends of Tulsi Tanti.
The Company entered into a technical collaboration agreement in 1995 with a