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Suzlon Energy gains after Govt targets 60000 MW capacity of wind power

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Capital Market

Suzlon Energy gained 2.15% to Rs 28.45 at 12:35 IST on BSE Finance Minister Arun Jaitley in Union Budget 2015-16 announced that government will target to put up projects worth 60000 megawatts under wind power.

Meanwhile, the BSE Sensex was up 296.01 points or 1.01% at 29,516.13.

Finance Minister Arun Jaitley in Union Budget 2015-16 today, 28 February 2015, announced that government will target to put up projects worth 60000 megawatts under wind power.

The government has increased excise duty to 12.5%. Basic rate of corporate tax will be 25% for next 4 years.

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First Published: Feb 28 2015 | 12:28 PM IST

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