Moneycontrol Bureau
The share of Suzlon Energy gained more than 8 percent intraday Friday on the back of its investment plan of Rs 21000 crore.
The company is going to invest Rs 21,000 crore in Andhra Pradesh over a period of five years.
On Wednesday, Suzlon group has won new order of 90MW turnkey project from its existing customer, ReNew Power.
Suzlon will install its revolutionary S97 120m Hybrid Tower WTGs (wing turbine generator) with rated capacity of 2.1MW in Ratlam District, Madhya Pradesh (MP).
The company will install 29 WTGs at the site Kode and 14 WTGs at Limbwas site in Ratlam district. The project is scheduling for commissioning by March 2016.
At 13:49 hrs Suzlon Energy was quoting at Rs 25.40, up Rs 1.30, or 5.39 percent on the BSE.
Posted by Rakesh Patil
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