NEG Micon to source wind mills, components from Indian subsidiary
The Chennai-based NEG Micon (India) Pvt Ltd (NEG MI) will be a major hub in the Asia Pacific region for its parent, the Denmark-based NEG Micon. President of NEG Micon, Torben Bjerre-Madsen, said the group would source wind mills and components from India for worldwide supplies to cash in on the cost advantage.
Madsen was in India to address the 'Green Power 2002' international seminar organised by the Confederation of Indian Industry (CII) and to receive the quality certificates awarded by Det Norske Veritas (DNV) to NEG MI. The company was awarded a three-in-one certification of ISO 9001:2000 for quality system, ISO 14001:1996 for environment management system and ISO 18001:1999 for Occupational health and safety assurance system (OH & SAS).
NEG Micon is a world leader in wind turbine manufacturing and has under its banner over 10,000 installations totalling 4000 mw in 40 countries. Its Indian subsidiary is setting up, besides its existing facilities, a modern state-of-the-art factory here to be ready by year-end. The Rs 25-crore facility will roll out higher platform range machines.
Madsen said that the seamless integration of NEG MI to the group enables them in getting easy transfer of technology and standards. The future plans are to grow in India and to export wind mills (nascelles) and components to the group worldwide, considering the advantage of cost-effective operations and sourcing possibilities from India.
He also said that apart from these there are other plans to initiate manufacturing facilities of allied technologies to wind turbine generators in the near future.
NEG MI is a hundred per cent subsidiary of NEG Micon and it had started operations in 1997 mainly to service the Micon wind mills in the country. However, it has been able to win customer confidence and introduced for the first time in India 750 kw wind turbines.
He is hopeful about wind power and its growth in India. The 1350 mw wind power installations in India is only just three per cent of the potential.
Globally, wind industry is growing at 25 per cent, a growth rate close to that of IT and its impact would be felt in India too which has a commitment to produce 10 per cent of its additional power from renewable sources.
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