SEFORGE, a Suzlon Group subsidiary, announced a major supply agreement with global bearings manufacturer worth Rs 6 billion (USD 115 million) for the supply of forged and machined rings used in various types of bearings, including slew bearing rings, over a period of five years.
SEFORGE operates a state of the art forging facility capable of producing seamless forged rings of maximum diameter of 5.2 meters, with an annual capacity of about 40,000 to 60,000 rings at Vadodara, Gujarat.
SEFORGE has established itself as a major supplier to all major wind turbine manufacturers in India for the supply of forged rings used in wind turbine towers and bearings. The company also supplies rings to major international players in the oil and gas, power and defense sectors over and above the bearing and wind turbine sectors.
Speaking on the agreement, Kamlesh Bhadani, chief executive officer, SEFORGE, said “This is a very important supply agreement for us and underscores our ability to deliver bearing rings of world class quality at competitive prices. This agreement also lays the foundation for SEFORGE becoming a strong partner to the bearings and other related industries.“
SEFORGE also has a foundry division, based in Coimbatore, with a modern manufacturing facility capable of producing large sizes of castings with an annual capacity of 120,000 MT of castings. Large size castings are primarily supplied to wind industry, and the Foundry division also has potential to diversify into heavy engineering, aerospace and power sector equipment.