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Suzlon Energy gains 2% on repeat order from ReNew Power Ventures

The order includes S97 90m tubular tower and S97 120m hybrid tower with a related capacity of 2.1 MW each.

August 17, 2016 / 10:55 IST
     
     
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    Moneycontrol BureauShare price of Suzlon Energy gained 2.5 percent intraday Wednesday as it has received a repeat order from ReNew Power Ventures.The order includes S97 90m tubular tower and S97 120m hybrid tower with a related capacity of 2.1 MW each.The project is located in Eluttala and Veerbhadra sites in the Ananthpur district of Andhra Pradesh and is scheduled to be completed by March 2017.J P Chalasani, Group CEO of Suzlon group said, "The order win reiterates our role as the country's leading renewable energy solution provider. We are pleased to partner with ReNew Power yet again in contributing towards India's energy security."At 10:42 hrs Suzlon Energy was quoting at Rs 16.70, up Rs 0.25, or 1.52 percent on the BSE.Posted by Rakesh Patil

    first published: Aug 17, 2016 10:55 am

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