The announcement was made during market hours today, 7 January 2013.
Meanwhile, the BSE Sensex was up 0.58 points to 19,789.09
On BSE, 46.61 lakh shares were traded in the counter as against an average daily volume of 42.80 lakh shares in the past one quarter.
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The stock hit a high of Rs 19.30 and a low of Rs 18.70 so far during the day. The stock had hit a 52-week high of Rs 32.35 on 10 February 2012. The stock had hit a 52-week low of Rs 14.75 on 31 August 2012.
The stock underperformed the market over the past one month till 4 January 2013, falling 2.13% compared with Sensex's 2.25% rise. The scrip had also underperformed the market in past one quarter, rising 2.51% as against Sensex's 3.81% gain.
The mid-cap wind turbines maker has an equity capital of Rs 355.47 crore. Face value per share is Rs 2.
Suzlon Energy in a press release said that Suzlon Group's UK subsidiary, REpower UK, has signed two new contracts totalling 16.4 megawatt. The company will be supplying wind turbines for a new wind farm at Wear Point in Pembrokeshire, South Wales, as well as the Avonmouth wind farm in south west England.
Wear Point, jointly owned by infrastructure company John Laing and developer Infinergy, will consist of four MM 82 turbines. Construction work at Wear Point will commence in summer 2013 and will be completed towards the end of the year.
Avonmouth Wind Farm, located at the Bristol sewage treatment works nearby, is being developed by Triodos Renewables Plc and GENeco - Wessex Water's waste-to-energy company - and will consist of four MM 92 turbines. These are part of a wider strategy to increase renewable energy at Wessex Water's sewage treatment works. They will be part of a renewable energy mix of wind and anaerobic digestion which is already in operation at the site.
Construction at Avonmouth is due to start in the summer and will be completed in December 2013. Wear Point and Avonmouth wind farms will have a rated output of 8.2 megawatt each, enough to generate power for nearly 5,000 homes.
Rick Eggleston, Managing Director, REpower UK said, "2012 was one of our most successful years to date with nearly 300 megawatt signed, and these two new contracts represent the perfect start to what we believe will be a very successful 2013."�
Suzlon Energy posted consolidated net loss of Rs 807.74 crore in Q2 September 2012, compared with net profit of Rs 48 crore in Q2 September 2011. Net sales rose 12.4% to Rs 5702.23 crore in Q2 September 2012 over Q2 September 2011.
The Suzlon Group is ranked as the world's fifth largest wind turbine supplier, in terms of cumulative installed capacity, at the end of 2011. The company's global spread extends across Asia, Australia, Europe, Africa and North and South America approaching 20,000 megawatt of wind energy capacity installed in 32 countries, operations across 33 countries and a workforce of approximately 13,000. The group offers one of the most comprehensive product portfolios - ranging from sub-megawatt on-shore turbines at 600 kilowatts (KW), to the world's largest commercial 6.15 megawatt offshore turbine - with a vertically integrated, low-cost, manufacturing base. The group - headquartered at Suzlon One Earth in Pune, India's comprises Suzlon Energy and its subsidiaries, including REpower Systems SE.
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