Suzlon Group wins 20.5 MW UK order with RWE npower renewables

Suzlon Group subsidiary, REpower Systems SE has signed a contract to supply 10 wind turbines to Bradwell wind farm, developed by RWE npower renewables. The wind farm, located to the south of Bradwell-On-Sea in Essex, will consist of REpower MM82 machines.

The turbines at Bradwell, with a rated output of 2.05 MW each, will generate enough electricity to power the equivalent of nearly 12,000 homes annually.

Installation of the wind turbines will start in the latter half of 2012 and is expected to be completed by the end of the year.

The Suzlon Energy stock was trading at Rs.22.20, up by Rs.1.55 or 7.51%. The stock hit an intraday high of Rs.22.30 and low of Rs.20.80.

The total traded quantity was 71.18 lakhs compared to 2 week average of 43.12 lakhs.

Source : Equity Bulls

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