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India enters battle for German wind-turbine builder

News of 10-02-2007

New Delhi- Indian wind-energy company Suzlon Energy unveiled Friday a hostile counter-bid for a growing German wind-turbine builder, REpower, putting it on a collision course with giant French nuclear group Areva. REpower Systems' board had already welcomed a January 22 offer from Areva, which is 87 per cent owned by the French public sector. No immediate comment could be obtained Friday from Hamburg-based REpower.

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