Sany will establish efficient technologies for Off-Shore Wind Power Generation. Sany Group will bring in its relevant expertise, operational excellence and global best practices for development of Renewable Energy in India.
Sany Group,a manufacturing companies of construction equipment, has announced the signing and handover of Green Energy Commitment to the Prime Minister of India towards development of 2000 Mega Watt of Renewable Energy Projects with investments of USD 3 Billion (Rs. 20,000 Crores) for the period 2016-20.
Besides generating 4.8 TWh of green and clean power annually these projects will generate 1000 Jobs and prevent carbon emissions of around 3.6 million tons per year. Sany will establish efficient technologies for Off-Shore Wind Power Generation. Sany Group will bring in its relevant expertise, operational excellence and global best practices for development of Renewable Energy in India.
Currently, the company employs about 30000 people globally and 269 people across India. Sany Group entered India market in 2002 and established a manufacturing plant in 2009 in Chakan, Pune. In India, the company operates in Excavator, Cranes, Concrete Machinery, Port Machinery, Road and Renewable Energy businesses.
“We are keen on seeing China investing more in India, especially in the manufacturing sector and partnering with India to make India a world class manufacturing base for production. This initiative is yet another step towards the ‘Make in India’ drive launched by our Prime Minister and we welcome SANY and the delegation and look forward to working closely with them to strengthen the bond between the two countries,” said Amitabh Kant, Secretary, Department of Industrial Policy and Promotion (DIPP), Ministry of Commerce & Industry, Government of India.