 "Suzlon Energy extends gains after securing new order")
Suzlon Energy has moved higher by 8% to Rs 26.10, extending its previous day’s gains of about 1% on the NSE, after the wind turbine maker said that has bagged an order to set up a 90 mw wind project from ReNew Power, for an undisclosed amount.
“Suzlon Group has won a new order for 90 MW turnkey project from its existing customer, ReNew Power. Suzlon will install its revolutionary S97 120m Hybrid Tower WTGs (wind turbine generator) with rated capacity of 2.1 MW in Ratlam district, Madhya Pradesh (MP)”, Suzlon Energy said in a press release on Wednesday.
The project is scheduled for commissioning by March 2016, the company added.
Suzlon said it has commissioned 98.70 MW for ReNew Power so far and 100.80 MW is currently under execution in Rajasthan.
The counter has seen huge trading volumes, with a combined 43.63 million shares changing hands on the NSE and BSE till 1308 hours.
“Suzlon Group has won a new order for 90 MW turnkey project from its existing customer, ReNew Power. Suzlon will install its revolutionary S97 120m Hybrid Tower WTGs (wind turbine generator) with rated capacity of 2.1 MW in Ratlam district, Madhya Pradesh (MP)”, Suzlon Energy said in a press release on Wednesday.
The project is scheduled for commissioning by March 2016, the company added.
Suzlon said it has commissioned 98.70 MW for ReNew Power so far and 100.80 MW is currently under execution in Rajasthan.
The counter has seen huge trading volumes, with a combined 43.63 million shares changing hands on the NSE and BSE till 1308 hours.