Tata Steel to supply 25,000 MT of high quality profiled steel plate

Tata Steel has secured a major
contract from Siemens Wind Power to supply 25,000 tonne of high-quality
profiled steel plate for wind towers. The order, according to the company's
press release is the largest to date for the steel company's dedicated wind
tower hub in Scunthorpe, England.

The deal is estimated to be worth
an eight figure sum in pounds and establishes Tata Steel as a key supplier to
Siemens Wind Power, the release added.

The filing also said that Tata
Steel will deliver 25,000 tonne of profiled plate between April and September
this year.

The steel will be used to build
about 150 onshore wind turbine towers. Tata Steel has already supplied Siemens
Wind Power with 6,000 tonne of steel plate for similar developments in the UK
and Europe.

Phil Knowles, Tata Steel
commercial manager for power generation said in the press release, “Demand
for steel in the renewable energy sector will continue to grow, and we are
ideally placed to help our customers tap into this improtant opportunity. The
agreement we have negotiated with Siemens Wind Power is a strategic customer
alliance that will help in our objective to be a key supplier in the offshore
wind power market.”


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