Suzlon Group, one of the leading global renewable energy solutions provider in the world, has won an order of 50.40 MW wind power project from Riyadh based Alfanar Group. This is a maiden order from Alfanar, for 24 units of S111-90m wind turbine generator, each with a rated capacity of 2.1 MW. The project will be completed by March 2018.

Suzlon will execute the entire project on a turnkey basis and will also provide operation and maintenance services. The project has the potential to provide power to over 27,000 households and reduce 0.10 million tonnes of CO2 emissions per annum.

J.P. Chalasani, Group CEO, Suzlon Group said, "We welcome Alfanar Energy to indict and into our customer family. Renewable energy market is growing at a robust pace in India. 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 serve Agencies ambition to capitalize on the growing market opportunities in Indio."

Shares of the company gained Rs 0.2, or 1.06%, to trade at Rs 19.15. The total volume of shares traded was 1,522,101 at the BSE (9.41 a.m., Wednesday).