Suzlon wins 75 MW repeat order from a leading Independent Power Producer through MSEDCL bid

Suzlon Group, India's largest renewable energy solutions provider, today announced its order win for development of 75 MW wind power project from a leading Independent Power Producer (IPP) through Maharashtra State Electricity Distribution Company Limited (MSEDCL) bid. Suzlon will install around 36 units of S111-140m wind turbine generators (WTGs) with rated capacity of 2.1 MW each. The project will be located in Maharashtra and will be commissioned as per MSEDCL bid guidelines.

Suzlon will execute the entire project on a turnkey basis and will also provide comprehensive operation and maintenance services for the complete project lifecycle.

Speaking on the order win, J.P. Chalasani, Group CEO, Suzlon Group said, "We are glad to partner with the leading IPP yet again for their MSEDCL bid project. We are encouraged by the trust and confidence demonstrated by them in Suzlon's technologically advanced and innovative products and services. With our two decades of experience, proven technologies, comprehensive product portfolio, and end-to-end solutions along with integrated maintenance and services, Suzlon is best positioned to capitalize on the growing market opportunities in India."

The S111 wind turbine generator (WTG) is the latest addition to the 2.1 MW platform. With a rotor diameter of 111.8 meters and swept area of 9,852 m2, the S111-140m is designed to optimally harness wind resources at higher altitudes making low wind sites viable. It not only delivers superior energy yield, but also offers higher return on investment for customers.

Shares of SUZLON ENERGY LTD. was last trading in BSE at Rs.11.02 as compared to the previous close of Rs. 11.5. The total number of shares traded during the day was 6100854 in over 3277 trades.

The stock hit an intraday high of Rs. 11.5 and intraday low of 10.96. The net turnover during the day was Rs. 68271039.

Source : Equity Bulls

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