Suzlon Group, one of the leading wind turbine manufacturers, has won a repeat turnkey order from Orange Renewable, an independent power producer (IPP) for 100.8 MW to be installed in Beluguppa, Andhra Pradesh, India.
The company said, "This repeat order reaffirms customer's faith in Suzlon's product portfolio and service capabilities. The project will be commissioned starting FY2016-17."
Suzlon will offer operation and maintenance service for an initial period of 12 years through an integrated service package.
Shares of the company gained Rs 0.65, or 3%, to trade at Rs 22.35. The total volume of shares traded was 1,230,744 at the BSE (9.39 a.m., Tuesday).