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25 April, 2024 14:04 IST
Suzlon receives 252 MW wind power project order from SECI
Source: IRIS | 19 Dec, 2017, 10.02AM
Rating: NAN / 5 stars.
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A leading Global Utility has awarded a wind power project of 252 MW to Suzlon Group. This project is won by the Utility through SECI II auction held recently. Suzlon will execute the entire project on a turnkey basis and will also provide operation and maintenance services. With this order, Suzlon has secured combined orders of 502 MW across SECI-I and SECI-II auctions.

J.P. Chalasani, Group CEO, Suzlon Group said, ''We are glad to partner with the leading Global Utility yet again for their SECI 11 bid project. We are encouraged by the trust and confidence demonstrated by them in Suzlon's technologically advanced products. Our strategy of having initial tie-ups is clearly paying off. With the introduction of the bidding regime, the industry is poised to grow to 8-10 GW annually. With our over two decades of experience, proven technologies, comprehensive product portfolio, and end-to-end solutions along with integrated maintenance and services, Sudan is best positioned to cater to demand growth and maintain our leadership."

Shares of the company gained Rs 0.12, or 0.89%, to trade at Rs 13.57. The total volume of shares traded was 338,586 at the BSE (9.44 a.m., Tuesday).

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