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Article: India : Suzlon Says Orders May Increase by Year End on Project Funding.
- Article from:
- TendersInfo
- Article date:
- August 25, 2009
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Byline: manish03
Suzlon Energy Ltd., India s biggest maker of wind turbine generators, said orders may increase by the end of this year as funding starts for alternative-energy projects, helping the company meet its sales forecast.
There is a high degree of optimism globally in terms of the outlook, Sumant Sinha, chief operating officer, said in an interview. We are seeing some early signs of recovery, though there is a bit of lag in action on the ground in terms of project financing.
Wind-turbine makers around the world reported a 50 percent drop in orders in the first six months and demand will likely improve in the fourth quarter, according ...