Kalyani Group Takes Over RSB Consult GmbH For Undisclosed Amount

Kalyani Group
New Delhi: To escalate its presence in the fast- developing wind power segment, India’s Kalyani Group has adopted Germany’s wind turbine manufacturer RSB Consult GmbH for an undisclosed amount.

RSB is a well-established design and consulting firm with experience in the wind industry and clients all through the world.

BN Kalyani, Kalyani's Chairman said, “We are already present in the wind energy sector, both as a wind farm operator as well as a supplier of components. The group therefore is ideally positioned to further enhance its role in this sector as a wind-turbine manufacturer.”

Mr. Kalyani has delineated challenging plans to target the aggressive renewable energy market. At first, it will concentrate on European and Indian market and by next three years (2010) plans to spread out to other key markets like the US and China.

The annual size of the wind-energy segment business is around 20,000 Megawatt internationally and 2,000 MW in India. Worldwide long-term expansion rates are likely to be 16 per cent and by 2010, the universal market would be 30,000 MW.

Muenster-based RSB was established in 2003 and presently has continuous design capability from components to turbine systems and is processing wind-industry projects crosswise Europe plus in China, Japan and India.

The Kalyani Group was established in mid 1960s. It is a top industrial multinational with interests in formations, automotive constituents, engineering quality steel and many others.

The annual turnover of the group is 2.1 billion dollars and the market capitalization of its listed entities exceeds 5 billion dollars.

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