Senvion, a global manufacturer of wind turbines, started operations in India on February 22, 2016. Amit Kansal, former Commercial Country Manager at Vestas India, will lead the Senvion office in Delhi as CEO and Managing Director of Senvion India Ltd, a release from Senvion said.
In addition to the Senvion R&D Center in Bengaluru that supports Senvion’s global TechCenter in Osterrönfeld, Germany, the Senvion India subsidiary will focus on providing the high-quality wind energy solutions for Indian wind sites.
Amit Kansal, CEO and Managing Director of Senvion India, said: “Given the strong initiative by Indian Government on renewable energy, it is exactly the right time for Senvion to enter the Indian market. India has huge potential in wind power. What this market needs is an agile and fresh-minded company that is willing and able to apply new approaches and adapt to these needs. Senvion will begin in India as a start-up with exactly these qualities and with a parent company with long-standing experience and solid R&D that is able to strengthen and back up its operation. I am very much looking forward to this mission.”
In early 2015, Senvion was acquired by funds advised by the investment firms Centerbridge Partners and Arpwood Partners and has since successfully embarked on a transformation plan that includes increased investment into research and development for product development, and further global expansion.
Senvion develops, produces and markets wind turbines for almost any location, with rated outputs of 2 mw to 6.15 mw and rotor diameters of 82m to 152m. Furthermore, the company offers its customers project specific solutions in the areas of turnkey, service and maintenance, transport and installation, as well as foundation planning and construction.
Suzlon had acquired Senvion (then known as REpower Systems) in 2007 and made the German company its subsidiary. Senvion was sold by Suzlon in April 2015 to US-based private equity firm Centrebridge for 1 billion euros.