Meteoric rises sometimes do result in equally spectacular downfalls. Is there a possibility of that happening to Suzlon and Tanti? The chairman of Suzlon doesn’t even deign to talk about such speculation. He is single-mindedly focused on reaping the windfall from the windmills. According to him, the global market for wind energy is growing at about 20% every year. For the next decade or so, he plans for Suzlon to grow at least 30% a year and try damn hard to break into the top three in the global arena. He is equally bullish on the prospects for wind energy in India. His message for those who are sceptical is, “There is a potential to generate 45,000 MW of electricity through wind energy and not even 5% of that has been harnessed as yet.” Tanti is also betting that the era of cheap and plentiful oil is well and truly over and that the entire world will follow Europe’s lead and concentrate on cleaner alternative sources of energy. And the latest trends in the global oil industry seem to definitely suggest that the days of oil at $40 or less per barrel are gone for good.
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