Moneycontrol
Jan 10, 2013 04:07 PM IST | Source: Moneycontrol.com

Suzlon crosses 1000 MW of capacity in Kutch, stock up

Suzlon Energy, the world's fifth largest wind turbine manufactuerer, rose as much as 5.6 percent intraday on Thursday as the company crossed 1,000 MW of installed capacity in Kutch wind park.

Suzlon crosses 1000 MW of capacity in Kutch, stock up

Suzlon Energy, the world's fifth largest wind turbine manufactuerer, rose as much as 5.6 percent intraday on Thursday as the company crossed 1,000 MW of installed capacity in Kutch wind park.


Suzlon currently has a total installed capacity of over 1,500 MW in the state of Gujarat, accounting for nearly 50 percent of the total wind power installations.


Suzlon's maiden project for this wind park was initiated in August 2005 at Changdai site in Gujarat. The wind park comprises Suzlon's entire product portfolio - ranging from the 600 kW model to the latest S9X - 2.1 MW series.
 
At 15:29 hours IST, the stock gained 2.78 percent to Rs 20.30 amid heavy volumes on Bombay Stock Exchange.


Trading volumes increased 141 percent to 20,600,203 equity shares as compared to its five day average of 8,563,336 shares.


In the previous trading session, the share rallied 7 percent to Rs 19.75.

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