# Exel Composites receives EUR 10 million order for carbon fiber planks

Exel Composites' joint venture Kineco Exel Composites India has received a purchase order worth approximately EUR 10 million for pultruded carbon fiber planks for wind turbine spar caps from a major South Asian wind turbine manufacturer. Deliveries will run from Q1 2025 into 2026 from KECI's new factory in India.

- Type: Contract
- Announced: 2025-02-24
- Where: India, India
- Value: $10.5M (10.0M EUR)
- Status: announced
- Products: pultruded carbon fiber planks, spar caps for wind turbine blades
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Exel Composites](https://endata.com/companies/46118.md) (supplier)
- [Kineco Exel Composites India](https://endata.com/companies/76407.md) (supplier)

## Sources

- [inderes.fi](https://www.inderes.fi/en/releases/exel-composites-receives-purchase-order-of-eur-10-million-for-the-supply-of-carbon-fiber-planks-to-major-wind-turbine-manufacturer-in-south-asia), 2026-08-19: "We are delighted to receive this purchase order that follows the significant development work to meet the customer's stringent quality requirements."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.