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25 April, 2024 20:35 IST
Suzlon order wins totalling to 111.30 MW in Aug-Sep'16
Source: IRIS | 23 Sep, 2016, 11.09AM
Rating: NAN / 5 stars.
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Suzlon Group, one of the leading renewable energy solutions providers in the world, today announced that it has been awarded orders for a combined capacity of 111.30 MW between August to September 2016.

This combined capacity includes orders from reputed corporate houses such as Serum Institute of India, Rajasthan Gum Group, and an assortment of SME customers. The Corporate and SME orders have been received from mixed bag of customers across diverse industry segments Including chemical, infrastructure, manufacturing, textiles, power, entertainment, food & agro, handicrafts, logistics, trading and pharma.

These orders include Suzlon's latest product offerings the S111 90m tubular tower and S97 120m hybrid tower and also the time-tested S97 90m and S95 90m tubular tower models all with a rated capacity of 2.1 MW each.

Swim will provide the entire spectrum of turnkey solutions right from equipment supply till commissioning and also offer dedicated life cycle asset management services for a contractually defined period to these customers. The projects are spread across the key windy states of Andhra Pradesh, Gujarat, Karnataka and Tamil Nadu, and are scheduled to be completed by March 2017.

J.P.Chalasani, Group CEO, Suzlon Group said, "We are happy to be associated with our existing customers time and again and further strengthening our partnership with them. It is encouraging of these orders continue to add a fillip to our robust order book and this is good investment by SME to support Make in India Initiative. We are committed towards adding value to the energy security of our country and we continue to leverage our technological expertise which enables a product suite suitable to varying wind regimes and develop high yield products that effectively bring down the cost of energy."

Shares of the company gained Rs 0.25, or 1.58%, to trade at  Rs 16.10.  The total volume of shares traded  was  1,549,221 at the BSE (10.59 a.m., Friday).

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