Wind developers in India are said to have started scaling down or terminating contracts with Hamburg-based turbine manufacturer Senvion after it filed for insolvency in a German court in April.
Senvion had, though in August said it was spinning off its Indian operations into a separate, standalone business unit. Riyadh-based Alfanar Energy, which had signed a contract with Senvion for a 300 MW project in India, terminated the order and awarded it to Siemens Gamesa Renewable Energy.
“Since Senvion is facing restructuring issues, which would have compromised our commitment to the timely delivery of the project, we have terminated the contract with them,” said Mohammed Irfan, director, Alfanar Energy Pvt Ltd, India. Read More
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