RRB Energy to set up Rs 130-cr facility for higher capacity wind mills
New Delhi, Aug 7 () Wind turbine maker RRB Energy on Wednesday said it will invest Rs 130 crore to set up a new facility to manufacture high capacity wind mills.
“RRB Energy will be establishing a new facility by infusing over Rs 130 crore for the purpose of engagement with higher capacity turbines. The new plant will boost state-of-the-art facilities and will produce higher megawatt electric power generation machinery,” a company statement said.
The company is taking strategic steps in order to ramp up business in India and become a debt-free organisation in the near future, it said adding there are plans to introduce a new business model, sign up newer partnerships and products that will suit the current regulatory and business requirements.
