Konecranes wins major crane and service orders from leading wind turbine manufacturer in India

Konecranes wins major crane and service orders from leading wind turbine
manufacturer in India 

In October 2007, Konecranes received orders for the delivery of 173 cranes from
Suzlon Energy Ltd in India. The orders include industrial and process cranes,
as well as a five-year maintenance contract for the equipment. The cranes will
be delivered during the second and third quarters of 2008 and will be used in
Suzlon's manufacturing process for wind turbines at production units in India.
Konecranes is one of the few companies in the world able to commit to an order
of this size and delivery requirements. The parties have agreed not to disclose
the total value of the orders. 

Suzlon Energy Ltd, located in Pune, is the leading manufacturer of wind
turbines in India and all of Asia, with over 3,000 MW of wind turbine capacity
supplied in India and across the world. Suzlon is now expanding massively to
increase manufacturing capacity, and the cranes ordered will be used in the
Indian expansion. 

The orders comprise a broad range of crane types, including electric overhead
traveling cranes, including semi-automated solutions, and process cranes. The
cranes are equipped with modern Konecranes inverter controls that enable crane
movements at stepless speeds and PLC automation to maximize production
efficiency. 

Suzlon is a repeat customer for Konecranes, as they ordered over fifty cranes
for their facility in Tianjin in China last year. The latest orders were signed
with Konecranes China, and local installation in India and crane service will
be handled by Konecranes India. 

“We are very pleased to have received these orders from Suzlon. With our
previous delivery and services to Suzlon in Tianjin we were able to build a
long-term relationship with the customer. Repeat orders of this size show that
Suzlon appreciates our products and services,” says Michael Ho, Managing
Director, Konecranes Shanghai. 

”These large orders form a cornerstone on which to build our operations in
India, and supports our strategy of combining equipment sales with long-term
crane services,” adds Sami Korpela, Country Manager , Konecranes India. 


Further information: 
Press
Sami Korpela, Country Manager, Konecranes India
e-mail: sami.korpela@konecranes.com or phone +358 40 519 3003

Michael Ho, Managing Director, Konecranes China
e-mail: Michael.ho@konecranes.com or phone +86 21 6284 8181

Financial Media and Analysts
Paul Lönnfors, IR Manager 
e-mail: paul.lonnfors@konecranes.com or phone: +358 20 427 2050

This press release together with a downloadable picture is available at our
website www.konecranes.com 

Caption:
”Konecranes cranes will assist in manufacturing wind turbines in India.”

About Konecranes
Konecranes is a world-leading group of Lifting Businesses™, serving a broad
range of customers, including manufacturing and process industries, shipyards,
ports and terminals. Konecranes provides productivity-enhancing lifting
solutions as well as services for lifting equipment and machine tools of all
makes. In 2006, Group sales totaled EUR 1483 million. The Group has 8000
employees, at more than 370 locations in 41 countries. Konecranes is listed on
the OMX Helsinki Stock Exchange (symbol: KCR1V).