A control over supply chain will help Russia’s Rosatom State Atomic Energy Corp. rein in costs and offer competitive wind power tariffs. Photo: BloombergNew Delhi: Russia’s Rosatom State Atomic Energy Corp. is exploring an investment in Inox Group’s wind turbine manufacturing business, said two people aware of the development. Through its unit JSC OTEK, it already has a partnership with the Netherlands’ wind turbine maker Lagerwey Wind BV,” said a person aware of the development, requesting anonymity. The Inox Group is a diversified conglomerate, operating in industrial gases, chloromethanes, refrigerants, fluoropolymers, multiplexes, wind turbine manufacturing and cryogenic engineering. In September 2015, the central government had come out with a National Offshore Wind Energy Policy, aiming to harness wind power along India’s 7,600km coastline.

Source: Mint August 20, 2017 20:48 UTC