Moneycontrol
Last Updated : Jan 23, 2017 11:28 AM IST | Source: Moneycontrol.com

Suzlon Energy gains 3% on 50 MW repeat order win

The project consists 24 units of S97 120m hybrid tower with a rated capacity of 2.1 MW, located in Kutch Gujarat.

 
 
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Moneycontrol Bureau

Shares of Suzlon Energy added 3.6 percent intraday Monday on repeat order win of 50.40 MW from a leading power utility.

The project consists 24 units of S97 120m hybrid tower with a rated capacity of 2.1 MW, located in Kutch Gujarat.

The said project will be completed by March 2017.

The company will execute the entire project on a turnkey basis and will also provide operation and maintenance services for an initial period of 14 years through an integrated service package.

J.P. Chalasani, Group CEO of Suzlon group said, “We are pleased to partner this leading power utility yet again in meeting their commitments of providing sustainable and affordable energy.”

At 11:23 hrs Suzlon Energy was quoting at Rs 17.59, up Rs 0.24, or 1.38 percent on the BSE.

Posted by Rakesh Patil
First Published on Jan 23, 2017 11:28 am
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